E2open Parent (NYSE:ETWO) issued its quarterly earnings results on Tuesday. The company reported $0.02 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.02, Fidelity Earnings reports.
E2open Parent stock opened at $11.47 on Thursday. E2open Parent has a one year low of $8.26 and a one year high of $14.58. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.22. The stock’s 50 day moving average is $11.46 and its 200 day moving average is $11.34.
In other news, Director Chinh Chu acquired 28,302 shares of the firm’s stock in a transaction dated Wednesday, September 1st. The stock was purchased at an average price of $10.60 per share, for a total transaction of $300,001.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Elliott Investment Management sold 338,011 shares of the company’s stock in a transaction on Thursday, August 12th. The stock was sold at an average price of $11.00, for a total value of $3,718,121.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,670,148 shares of company stock worth $19,553,674. Insiders own 7.06% of the company’s stock.
Separately, Bank of America started coverage on E2open Parent in a research report on Thursday, September 30th. They issued a “neutral” rating and a $14.00 target price on the stock.
E2open Parent Company Profile
E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.
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