Eos Energy Enterprises (NASDAQ:EOSEW) Trading Up 11.9%

Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) was up 11.9% on Wednesday . The stock traded as high as $0.15 and last traded at $0.15. Approximately 1,140 shares traded hands during trading, a decline of 95% from the average daily volume of 21,482 shares. The stock had previously closed at $0.13.

Eos Energy Enterprises Trading Up 3.9 %

The company has a fifty day simple moving average of $0.16 and a two-hundred day simple moving average of $0.21.

Institutional Investors Weigh In On Eos Energy Enterprises

An institutional investor recently raised its position in Eos Energy Enterprises stock. Cowen AND Company LLC increased its stake in Eos Energy Enterprises, Inc. (NASDAQ:EOSEW) by 86.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 925,273 shares of the company’s stock after purchasing an additional 428,426 shares during the period. Cowen AND Company LLC’s holdings in Eos Energy Enterprises were worth $185,000 as of its most recent SEC filing.

Eos Energy Enterprises Company Profile

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.