2 weeks Ago By ABMN Staff
Shares of ESS Tech, Inc. ( NYSE:GWH – Get Free Report ) have been given an average rating of “Moderate Buy” by the seven ratings firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.
The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $0.10. Several analysts recently issued reports on the stock.
Roth Capital upgraded shares of ESS Tech to a “strong-buy” rating in a report on Friday, July 12th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of ESS Tech from $0.08 to $0.
06 and set a “hold” rating on the stock in a research note on Friday, August 16th. Roth Mkm assumed coverage on shares of ESS Tech in a research report on Friday, July 12th. They set a “buy” rating and a $0.
10 price objective for the company. TD Cowen dropped their target price on shares of ESS Tech from $0.13 to $0.
10 and set a “buy” rating for the company in a report on Thursday, August 15th. Finally, Canaccord Genuity Group cut their target price on ESS Tech from $0.08 to $0.
07 and set a “hold” rating on the stock in a research report on Friday, August 16th. Get Our Latest Stock Report on ESS Tech Insider Buying and Selling at ESS Tech Institutional Trading of ESS Tech A number of institutional investors have recently added to or reduced their stakes in GWH. Paloma Partners Management Co acquired a new stake in shares of ESS Tech in the 1st quarter worth approximately $27,000.
Vanguard Personalized Indexing Management LLC acquired a new stake in ESS Tech in the second quarter valued at $27,000. SG Americas Securities LLC purchased a new position in shares of ESS Tech in the first quarter valued at $31,000. Point72 DIFC Ltd acquired a new position in shares of ESS Tech during the 2nd quarter worth $32,000.
Finally, CWM LLC acquired a new position in shares of ESS Tech during the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.
ESS Tech Trading Up 1.5 % Shares of GWH stock opened at $6.62 on Thursday.
The company’s 50-day moving average price is $3.01 and its 200-day moving average price is $1.08.
ESS Tech has a twelve month low of $5.20 and a twelve month high of $31.65.
The stock has a market cap of $78.05 million, a price-to-earnings ratio of -14.71 and a beta of 1.
48. ESS Tech ( NYSE:GWH – Get Free Report ) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.
12) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01).
ESS Tech had a negative net margin of 982.87% and a negative return on equity of 77.52%.
The business had revenue of $0.35 million during the quarter, compared to analyst estimates of $3.24 million.
As a group, equities research analysts predict that ESS Tech will post -6.74 EPS for the current year. About ESS Tech ( Get Free Report ESS Tech, Inc, an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide.
It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Featured Stories Receive News & Ratings for ESS Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESS Tech and related companies with MarketBeat.
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