Eos Energy Enterprises (NASDAQ:EOSEW) Shares Down 13.9% – Here’s Why

Shares of Eos Energy Enterprises, Inc. (NASDAQ:EOSEWGet Free Report) fell 13.9% on Friday . The stock traded as low as $0.96 and last traded at $0.99. 415,602 shares traded hands during mid-day trading, an increase of 195% from the average session volume of 140,896 shares. The stock had previously closed at $1.15.

Eos Energy Enterprises Stock Down 13.9 %

The business’s 50 day moving average is $0.86 and its 200 day moving average is $0.43.

About Eos Energy Enterprises

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Eos Energy Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eos Energy Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.