Eos Energy Enterprises, Inc. (NASDAQ:EOSEW – Get Free Report)’s share price dropped 35.2% on Wednesday . The company traded as low as $1.20 and last traded at $1.4650. Approximately 225,128 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 145,131 shares. The stock had previously closed at $2.26.
Eos Energy Enterprises Stock Down 35.2%
The company has a fifty day moving average of $3.10 and a 200-day moving average of $1.52.
Eos Energy Enterprises (NASDAQ:EOSEW – Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported ($0.44) EPS for the quarter. The business had revenue of $0.85 million during the quarter.
Institutional Investors Weigh In On Eos Energy Enterprises
Eos Energy Enterprises Company Profile
Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.
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