Eos Energy Enterprises, Inc. (NASDAQ:EOSEW – Get Free Report) shares rose 11.9% on Wednesday . The company traded as high as $0.15 and last traded at $0.15. Approximately 1,140 shares changed hands during trading, a decline of 95% from the average daily volume of 21,482 shares. The stock had previously closed at $0.13.
Eos Energy Enterprises Stock Performance
The business’s 50-day moving average is $0.16 and its two-hundred day moving average is $0.21.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Eos Energy Enterprises stock. Cowen AND Company LLC bought a new stake in Eos Energy Enterprises, Inc. (NASDAQ:EOSEW – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 496,847 shares of the company’s stock, valued at approximately $206,000.
About Eos Energy Enterprises
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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