Eos Energy Enterprises (NASDAQ:EOSEW) Trading 8.7% Higher – Should You Buy?

Shares of Eos Energy Enterprises, Inc. (NASDAQ:EOSEWGet Free Report) were up 8.7% during trading on Thursday . The stock traded as high as $1.30 and last traded at $1.25. Approximately 169,071 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 128,287 shares. The stock had previously closed at $1.15.

Eos Energy Enterprises Trading Up 2.4 %

The firm’s fifty day simple moving average is $0.55 and its 200 day simple moving average is $0.34.

About Eos Energy Enterprises

(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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