Eos Power Enterprises, Inc. (NASDAQ:EOSE – Get Rating) was the recipient of a big development in brief curiosity within the month of December. As of December fifteenth, there was quick curiosity totalling 6,940,000 shares, a development of 34.8% from the November thirtieth whole of 5,150,000 shares. Based mostly on a mean buying and selling quantity of 1,980,000 shares, the short-interest ratio is presently 3.5 days.
Eos Power Enterprises Inventory Efficiency
NASDAQ EOSE traded up $0.31 on Friday, hitting $1.48. The inventory had a buying and selling quantity of 6,857,234 shares, in comparison with its common quantity of three,575,341. Eos Power Enterprises has a 52-week low of $0.96 and a 52-week excessive of $7.92. The agency has a 50-day shifting common of $1.20 and a 200-day shifting common of $1.70.
Eos Power Enterprises (NASDAQ:EOSE – Get Rating) final posted its earnings outcomes on Monday, November seventh. The corporate reported ($1.12) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($0.75) by ($0.37). Eos Power Enterprises had a adverse return on fairness of two,650.45% and a adverse web margin of 1,109.86%. The agency had income of $6.07 million through the quarter, in comparison with analysts’ expectations of $13.15 million. Analysts predict that Eos Power Enterprises will publish -3.65 earnings per share for the present fiscal 12 months.
In different information, Director Daniel Shribman bought 662,000 shares of the inventory in a transaction that occurred on Tuesday, November eighth. The shares had been bought at a mean value of $1.31, for a complete transaction of $867,220.00. Following the completion of the transaction, the director now instantly owns 365,710 shares of the corporate’s inventory, valued at roughly $479,080.10. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which will be accessed by means of this hyperlink. In different Eos Power Enterprises information, CEO Joe Mastrangelo acquired 65,000 shares of the enterprise’s inventory in a transaction that occurred on Thursday, November tenth. The inventory was purchased at a mean value of $1.15 per share, with a complete worth of $74,750.00. Following the acquisition, the chief govt officer now owns 403,727 shares within the firm, valued at $464,286.05. The acquisition was disclosed in a doc filed with the Securities & Trade Fee, which is on the market at the SEC website. Additionally, Director Daniel Shribman bought 662,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, November eighth. The inventory was bought at a mean value of $1.31, for a complete transaction of $867,220.00. Following the completion of the transaction, the director now instantly owns 365,710 shares of the corporate’s inventory, valued at $479,080.10. The disclosure for this sale will be discovered here. Insiders personal 8.10% of the corporate’s inventory.
Institutional Buying and selling of Eos Power Enterprises
Institutional buyers and hedge funds have not too long ago made modifications to their positions within the inventory. Financial institution of Montreal Can bought a brand new stake in shares of Eos Power Enterprises through the 1st quarter valued at $51,000. Virtu Monetary LLC bought a brand new stake in shares of Eos Power Enterprises through the 1st quarter valued at $57,000. Advisor Group Holdings Inc. raised its place in shares of Eos Power Enterprises by 899.6% through the 1st quarter. Advisor Group Holdings Inc. now owns 19,662 shares of the corporate’s inventory valued at $82,000 after shopping for a further 17,695 shares within the final quarter. Cullen Frost Bankers Inc. bought a brand new stake in shares of Eos Power Enterprises through the third quarter valued at $33,000. Lastly, Evercore Wealth Administration LLC bought a brand new stake in shares of Eos Power Enterprises through the 1st quarter valued at $84,000. Hedge funds and different institutional buyers personal 28.96% of the corporate’s inventory.
Analyst Rankings Adjustments
A number of analysis analysts not too long ago commented on the inventory. Evercore ISI minimize their value goal on shares of Eos Power Enterprises to $4.00 in a report on Tuesday, November fifteenth. Stifel Nicolaus initiated protection on shares of Eos Power Enterprises in a report on Friday, December 2nd. They issued a “purchase” ranking and a $11.00 value goal for the corporate. Lastly, B. Riley lowered their goal value on shares of Eos Power Enterprises from $6.00 to $4.00 in a analysis notice on Wednesday, November ninth.
About Eos Power Enterprises
Eos Power Enterprises, Inc designs, manufactures, and deploys battery storage options for utility, industrial and industrial, and renewable vitality markets in america. It gives stationary battery storage options. The corporate’s flagship product is the Eos Znyth DC battery system designed to fulfill the necessities of the grid-scale vitality storage market.
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