Streetbeat News

EOSE

Eos Energy Enterprises, Inc.

https://www.eosenergystorage.com

Industry

Electrical Equipment & Parts

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. It offers stationary battery storage solutions. The company's flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. Eos Energy Enterprises, Inc. was founded in 2008 and is headquartered in Edison, New Jersey.

Open

2.23

Mkt cap

477M

Volume

15M

High

2.29

P/E Ratio

-0.89

52-wk high

3.66

Low

2.16

Div yield

N/A

52-wk low

0.61

During Monday's intraday session, several industrial stocks experienced significant movements. Li-Cycle Holdings (LICY) saw a 20.4% increase, while Clean Energy Technologies (CETY) dropped by 25.8%. Other notable gainers include Richtech Robotics (RR), Intuitive Machines (LUNR), Safe & Green Holdings (SGBX), Eos Energy Enterprises (EOSE), and Mesa Air Gr (MESA). On the losing side, Agrify (AGFY), C3is (CISS), TuSimple Hldgs (TSP), Roma Green Finance (ROMA), and JE Cleantech Hldgs (JCSE) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 5:31 pm

During Wednesday's intraday session, several industrial stocks experienced significant movements. BioNexus Gene Lab (BGLC), AgEagle Aerial Sys (UAVS), WANG & LEE Group (WLGS), Eos Energy Enterprises (EOSE), American Superconductor (AMSC), and Primech Holdings (PMEC) saw gains ranging from 9.35% to 20.6%. Conversely, TuSimple Hldgs (TSP), Roma Green Finance (ROMA), Spirit Airlines (SAVE), Mesa Air Gr (MESA), Aeries Technology (AERT), and Nauticus Robotics (KITT) faced declines between 13.15% and 52.9%.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm

In Wednesday's pre-market session, several industrial stocks showed significant movement. KULR Tech Gr, AERWINS Technologies, Eos Energy Enterprises, Ideanomics, Velo3D, and Ocean Power Techs were gainers, with increases ranging from 5.48% to 10.1%. Conversely, TuSimple Hldgs, Spirit Airlines, Gol Linhas Aereas, Nauticus Robotics, Bitcoin Depot, and Nuvve Holding were losers, with declines ranging from 6.68% to 29.2%.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:05 pm

Eos Energy Enterprises, Inc. (EOSE) has expanded its collaboration with TETRA Technologies, Inc. (TTI), making TETRA the primary strategic supplier for Eos's Eos Z3 energy storage cube. The agreement, which is for four years and extendable, includes at least 75% supply of electrolyte product needs with favorable pricing and cost-saving methodologies. The partnership aims to scale production, reduce costs, and enhance battery performance as demand for Long Duration Energy Storage increases. EOSE shares dropped by 5.32% to $0.9450, and TTI shares fell by 1.61% to $4.27.

Portfolio Pulse from Akanksha Bakshi

January 09, 2024 | 5:20 pm

Eos Energy Enterprises, Inc. (EOSE) and TETRA Technologies, Inc. (TTI) have expanded their partnership with a new agreement that designates TETRA as the preferred strategic supplier for Eos's Eos Z3™ energy storage cube. TETRA will supply at least 75% of the electrolyte product demand. The four-year agreement builds on their 2021 partnership and includes cost-saving incentives, with the potential to extend beyond the initial term. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:34 pm

Eos Energy Enterprises (EOSE) has partnered with Partner4Work to create a $500K training program aimed at upskilling the current and future workforce for Eos' manufacturing facility in the Mon Valley. This initiative is expected to enhance the skill set of employees, aligning with the company's growth and operational efficiency goals.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:44 pm

Quanex Building Products Corporation (NYSE:NX) shares dropped by 10.7% to $30.95 after reporting Q4 financial results. Other stocks experienced significant movements in Friday's mid-day session, with notable gainers including Getaround, Inc. (NYSE:GETR), Battalion Oil Corporation (NYSE:BATL), and Bruush Oral Care Inc. (NASDAQ:BRSH), among others. Losers included Chanson International Holding (NASDAQ:CHSN) and Inno Holdings Inc. (NASDAQ:INHD), with significant drops after recent gains or IPO pricing.

Portfolio Pulse from Avi Kapoor

December 15, 2023 | 5:46 pm

During Friday's intraday session, several industrial stocks experienced significant movements. Getaround (GETR) saw a 130% increase after Q3 earnings release, while Laser Photonics (LASE), Wilhelmina International (WHLM), Micromobility com (MCOM), Greenwave Tech Solns (GWAV), and ZIM Integrated Shipping (ZIM) also posted gains. Conversely, Northann (NCL), Eos Energy Enterprises (EOSE), Freight Technologies (FRGT), Sunworks (SUNW), Velo3D (VLD), and Nxu (NXU) faced declines.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 5:31 pm

U.S. stocks traded higher, with the Dow up 0.11%, NASDAQ up 0.45%, and S&P 500 up 0.06%. Information technology shares led gains, while utilities fell. Darden Restaurants Inc (NASDAQ: COST) reported Q2 sales growth of 9.7% year-on-year to $2.727 billion, slightly missing estimates, but adjusted EPS of $1.84 beat estimates. Getaround Inc (NYSE: GETR), Battalion Oil Corp (NYSE: BATL), and Bruush Oral Care Inc (NASDAQ: BRSH) saw significant share price increases following positive news. Aadi Bioscience Inc (NASDAQ: AADI), Inno Holdings Inc (NASDAQ: INHD), and Eos Energy Enterprises Inc (NASDAQ: EOSE) experienced sharp declines in share price due to negative reports or public offerings.

Portfolio Pulse from Avi Kapoor

December 15, 2023 | 5:25 pm

Eos Energy, trading under the symbol EOSE, has seen its shares drop after announcing the pricing of a public offering at $1.45 per unit, which includes 34,482,759 common shares and accompanying common warrants.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 3:45 pm

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