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The GWH Stock Puzzle: Unraveling ESS Tech Inc.’s Fluctuating Performance

ESS Tech Inc. (GWH) stock is currently valued at $1.36. During the last session, the stock experienced a remarkable rise, reaching $1.54 after opening at $1.53. The stock briefly dropped to $1.36 before ultimately closing at $1.52.

ESS Tech Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $5.07 on 10/04/22 and a low of $0.75 for the same time frame on 05/17/23.

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52-week price history of GWH Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. ESS Tech Inc.’s current trading price is -73.20% away from its 52-week high, while its distance from the 52-week low is 81.33%. The stock’s price range during this period has spanned from $0.75 to $5.07. In the Industrials sector, the ESS Tech Inc.’s shares surpassed a trading volume of approximately 0.98 million for the day, which was noticeably lower compared to the average daily volume of 9.1.29 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

ESS Tech Inc. (GWH) has experienced a quarterly decline of -2.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 222.70M and boasts a workforce of 271 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4293, with a change in price of +0.3100. Similarly, ESS Tech Inc. recorded 1,456,183 in trading volume during the last 100 days, posting a change of +29.52%.

Examining GWH’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for GWH stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

GWH Stock Stochastic Average

Today, ESS Tech Inc.’s raw stochastic average for the past 50 days stands at 27.62%, indicating a decline from the raw stochastic average of the last 20 days, which was 45.16%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 66.91% and 75.04% respectively.

GWH Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -44.03%. However, over the last six months, the performance has been weaker by 22.52%. The price of GWH increased 15.25% over the last 30 days. And in the last five days, it has fallen by -13.38%.

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