Eos Energy Enterprises (NASDAQ:EOSEW) Trading Up 11.9%

Eos Energy Enterprises, Inc. (NASDAQ:EOSEWGet Free Report) shares were up 11.9% during mid-day trading on Wednesday . The stock traded as high as $0.15 and last traded at $0.15. Approximately 1,140 shares were traded 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 has a fifty day simple moving average of $0.17 and a two-hundred day simple moving average of $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 shares of Eos Energy Enterprises, Inc. (NASDAQ:EOSEWFree Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 496,847 shares of the company’s stock, valued at approximately $206,000.

Eos Energy Enterprises Company Profile

(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.

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