The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. EON Resources Inc’s current trading price is -89.88% away from its 52-week high, while its distance from the 52-week low is 1.57%. The stock’s price range for this period has been between $0.28 and $2.81 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 1.41 million for the day, a number notably lower than the average daily volume of 5.66 million over the last three months.
The stock of EON Resources Inc (EONR) is currently priced at $0.28. In the last session, the stock climbed significantly, topping out at $2.0 after opening at $0.28. The day’s lowest price was $2.0 before the stock closed at $0.32.
The market performance of EON Resources Inc’s stock has been turbulent in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
EON Resources Inc (EONR) has experienced a quarterly decline of -33.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.36M and boasts a workforce of 12 employees.
EON Resources Inc: What Analysts Are Saying
As of right now, 1 analyst is rating EON Resources Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4277, with a change in price of -0.1016. Similarly, EON Resources Inc recorded 3,844,612 in trading volume during the last 100 days, posting a change of -26.32%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for EONR stands at 3.75. Similarly, the long-term debt-to-equity ratio is also 2.98.
EONR Stock Stochastic Average
EON Resources Inc’s raw stochastic average for the past 50 days is presently 0.80%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 3.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.60% and 14.79%, respectively.
EONR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -88.57% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -65.22%. Over the past 30 days, the price of EONR has leaped by -26.66%. And in the last five days, it has fallen by -10.43%.
