With 0.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.49 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $1.2200 whereas the lowest price it dropped to was $1.1700. The 52-week range on GWH shows that it touched its highest point at $4.01 and its lowest point at $0.75 during that stretch. It currently has a 1-year price target of $2.66. Beta for the stock currently stands at 1.81.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GWH was up-trending over the past week, with a rise of 8.11%, but this was down by -23.57% over a month. Three-month performance dropped to -0.83% while six-month performance rose 9.09%. The stock lost -68.59% in the past year, while it has lost -50.62% so far this year. A look at the trailing 12-month EPS for GWH yields -0.56 with Next year EPS estimates of -0.42. For the next quarter, that number is -0.10. This implies an EPS growth rate of 2.29% for this year and 14.76% for next year.

Float and Shares Shorts:

At present, 153.82 million GWH shares are outstanding with a float of 40.32 million shares on hand for trading. On Oct 30, 2023, short shares totaled 9.56 million, which was 5.53% higher than short shares on Sep 28, 2023. In addition to Mr. Eric P. Dresselhuys as the firm’s CEO & Director, Mr. Craig E. Evans serves as its Co-Founder & Advisor to CEO.

Institutional Ownership:

Through their ownership of 38.92% of GWH’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 56.48% of GWH, in contrast to 5.28% held by mutual funds. Shares owned by individuals account for 11.24%. As the largest shareholder in GWH with 3.28% of the stake, BlackRock Fund Advisors holds 5,101,899 shares worth 5,101,899. A second-largest stockholder of GWH, Invesco Capital Management LLC, holds 5,009,904 shares, controlling over 3.22% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in GWH, holding 2,965,979 shares or 1.91% stake. With a 3.32% stake in GWH, the Invesco WilderHill Clean Energy E is the largest stakeholder. A total of 5,160,153 shares are owned by the mutual fund manager. The iShares Russell 2000 ETF, which owns about 1.41% of GWH stock, is the second-largest Mutual Fund holder. It holds 2,192,435 shares valued at 2.63 million. Vanguard Total Stock Market ETF holds 1.02% of the stake in GWH, owning 1,593,000 shares worth 1.91 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GWH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With GWH analysts setting a high price target of $4.00 and a low target of $1.75, the average target price over the next 12 months is $2.66. Based on these targets, GWH could surge 233.33% to reach the target high and rise by 45.83% to reach the target low. Reaching the average price target will result in a growth of 121.67% from current levels.

Summary of Insider Activity:

Insiders traded GWH stock several times over the past three months with 2 Buys and 0 Sells. In these transactions, 252,073 shares were bought while 0 shares were sold. The number of buy transactions has increased to 19 while that of sell transactions has risen to 7 over the past year. The total number of shares bought during that period was 2,303,325 while 112,797 shares were sold.

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