EON Resources Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.00 on 03/12/24, while the lowest price for the same period was registered at $0.51 on 12/17/24.
52-week price history of EONR 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. EON Resources Inc’s current trading price is -84.50% away from its 52-week high, while its distance from the 52-week low is 82.35%. The stock’s price range during the 52-week period has remained between $0.51 and $6.00. In the Energy sector, the company’s shares saw a trading volume of around 1.63 million for the day, which was evidently lower than the average daily volume of 4.27 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
EON Resources Inc (EONR) has experienced a quarterly decline of -21.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.93M and boasts a workforce of 10 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 1.0608, with a change in price of -0.6550. Similarly, EON Resources Inc recorded 3,689,843 in trading volume during the last 100 days, posting a change of -41.32%.
EONR Stock Stochastic Average
EON Resources Inc’s raw stochastic average for the past 50 days is presently 30.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 24.22%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.36% and 46.82%, respectively.
EONR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 13.44% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -63.95%. Over the past 30 days, the price of EONR has fallen by 57.89%. And in the last five days, it has fallen by -8.82%.
