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Behind ESS Tech Inc’s 52-Week Range: Uncovering Opportunities for Investors

ESS Tech Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.12 on 07/12/23, while the lowest price for the same duration was marked at $0.61 on 03/22/24.

52-week price history of GWH Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. ESS Tech Inc’s current trading price is -66.94% away from its 52-week high, while its distance from the 52-week low is 14.68%. The stock’s price range during the 52-week period has remained between $0.61 and $2.12. In the Industrials sector, the company’s shares saw a trading volume of around 2.21 million for the day, which was evidently higher than the average daily volume of 1.01 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 -35.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 122.57M and boasts a workforce of 231 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 1.0323, with a change in price of -0.5292. Similarly, ESS Tech Inc recorded 1,049,699 in trading volume during the last 100 days, posting a change of -43.02%.

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 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.

GWH Stock Stochastic Average

ESS Tech Inc’s raw stochastic average for the past 50 days is presently 16.04%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 27.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.16% and 14.70%, respectively.

GWH Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -38.53%.However, over the last six months, we can see a stronger performance of -49.58%. Over the last 30 days, the price of GWH has leaped by -16.35%. And in the last five days, it has surged by 6.18%.