Ess Tech Stock Analysis

GWH -  USA Stock  

USD 6.91  0.29  4.38%

The big decline in price over the last few months for Ess Techmay raise some interest from stockholders. The stock closed today at a share price of 6.91 on 577,300 in trading volume. The company management teams failed to add value to investors and positioning the firm supply of money to exploit market volatility in December. However, diversifying your holdings with Ess Tech or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.55. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Ess Tech partners.
Please check Risk vs Return Analysis.

Ess Tech Stock Analysis 

 
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The Ess Tech stock analysis report makes it easy to digest most publicly released information about Ess Tech and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Ess Tech Stock analysis module also helps to analyze the Ess Tech price relationship with some important fundamental indicators such as market cap and management efficiency.

Ess Tech Stock Analysis Notes

About 45.0% of the company shares are held by company insiders. The company recorded a loss per share of 39.49. Ess Tech had not issued any dividends in recent years. ESS Inc. designs, builds, and deploys iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Ess Tech operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 150 people. To learn more about Ess Tech call the company at 855-423-9920 or check out https://essinc.com.

Ess Tech Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ess Tech's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ess Tech or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ess Tech generated a negative expected return over the last 90 days
Ess Tech has high historical volatility and very poor performance
The company has 25.67 M in debt. Ess Tech has a current ratio of 0.5, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Reported Net Loss for the year was (320.9 M).
Ess Tech has about 8.02 M in cash with (32.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Ess Tech has a frail financial position based on the latest SEC disclosures
Roughly 45.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Ess Tech exotic insider transaction detected

Ess Tech Upcoming and Recent Events

Earnings reports are used by Ess Tech to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ess Tech previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report21st of February 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End21st of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Ess Tech SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Ess Tech prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Ess Tech investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Ess Tech specific information freely available to individual and institutional investors to make a timely investment decision.
22nd of November 2021
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
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17th of November 2021
Unclassified Corporate Event
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16th of November 2021
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
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15th of November 2021
Other Events
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4th of November 2021
Other Events
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28th of October 2021
Financial Statements and Exhibits. Changes in Registrant's Certifying Accountant
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25th of October 2021
Unclassified Corporate Event
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21st of October 2021
Unclassified Corporate Event
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Ess Tech Thematic Classifications

In addition to having Ess Tech stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Electrical Equipment IdeaElectrical Equipment
USA Equities from Electrical Equipment industry as classified by Fama & French

Ess Tech Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ess Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ess Tech backward and forwards among themselves. Ess Tech's institutional investor refers to the entity that pools money to purchase Ess Tech's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Glazer Capital LlcCommon Shares1.8 M17.6 M
Bank Of MontrealCommon Shares1.2 M12 M
Arena Capital Advisors Llc CaCommon Shares998.7 K10 M
Tig Advisors LlcCommon Shares960.3 K9.6 M
Millennium Management LlcCommon Shares903.6 KM
Marshall Wace LlpCommon Shares878.6 K8.8 M
Moore Capital Management LpCommon Shares750 K7.5 M
Marshall Wace LlpCall Options166.7 K1.7 M
Note, although Ess Tech's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ess Tech Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 1.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ess Tech's market, we take the total number of its shares issued and multiply it by Ess Tech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Ess Tech Profitablity

Ess Tech's profitability indicators refer to fundamental financial ratios that showcase Ess Tech's ability to generate income relative to its revenue or operating costs. If, let's say, Ess Tech is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ess Tech's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ess Tech's profitability requires more research than a typical breakdown of Ess Tech's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2022
Return on Average Assets(1.82) (1.96) 
Return on Average Equity 0.58  0.57 
Return on Invested Capital(282.47) (304.77) 

Management Efficiency

The current Return on Average Assets is estimated to decrease to -1.96. The current Return on Average Equity is estimated to decrease to 0.57. Ess Tech Tangible Assets Book Value per Share are most likely to slightly decrease in the upcoming years. The last year's value of Tangible Assets Book Value per Share was reported at 1.14. The current Tangible Asset Value is estimated to increase to about 10.6 M, while Assets Non Current are projected to decrease to roughly 1.9 M. Ess Tech management efficiency ratios could be used to measure how well ess tech manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2022
Book Value per Share(7.88) (8.51) 
Enterprise Value over EBIT(1.80) (1.94) 
Enterprise Value over EBITDA(1.91) (2.06) 
Price to Book Value(4.55) (4.91) 
Tangible Assets Book Value per Share 1.14  1.49 
Enterprise Value56.9 M56.6 M
Tangible Asset Value8.1 M10.6 M

Technical Drivers

As of the 23rd of January, Ess Tech shows the mean deviation of 3.61, and Coefficient Of Variation of (351.34). Ess Tech technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Ess Tech, which can be compared to its rivals. Please confirm Ess Tech variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Ess Tech is priced favorably, providing market reflects its regular price of 6.91 per share. Given that Ess Tech has jensen alpha of (1.29), we urge you to verify Ess Tech's prevailing market performance to make sure the company can sustain itself at a future point.

Ess Tech Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Ess Tech more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Ess Tech Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ess Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ess Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ess Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ess Tech Predictive Daily Indicators

Ess Tech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ess Tech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ess Tech Forecast Models

Ess Tech time-series forecasting models is one of many Ess Tech's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ess Tech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Ess Tech Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ess Tech stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ess Tech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Ess Tech. By using and applying Ess Tech Stock analysis, traders can create a robust methodology for identifying Ess Tech entry and exit points for their positions.
ESS Inc. designs, builds, and deploys iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Ess Tech operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 150 people.

Current Ess Tech Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ess Tech analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ess Tech analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
22.8Strong Buy5Odds
Ess Tech current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ess Tech analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ess Tech stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ess Tech, talking to its executives and customers, or listening to Ess Tech conference calls.
Ess Tech Analyst Advice Details

Ess Tech Stock Analysis Indicators

Ess Tech stock analysis indicators help investors evaluate how Ess Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ess Tech shares will generate the highest return on investment. By understating and applying Ess Tech stock analysis, traders can identify Ess Tech position entry and exit signals to maximize returns.
Shares Percent Shares Out1.27%
Quick Ratio0.26
Fifty Two Week Low7.97
Float Shares57.68M
Fifty Two Week High28.92
Shares Short Prior Month2.93M
Average Daily Volume Last 10 Day477.06k
Average Daily Volume In Three Month989.97k
Enterprise Value To Ebitda-60.31
Fifty Day Average13.58
Two Hundred Day Average14.54
Please check Risk vs Return Analysis. Note that the Ess Tech information on this page should be used as a complementary analysis to other Ess Tech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Ess Tech Stock analysis

When running Ess Tech price analysis, check to measure Ess Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ess Tech is operating at the current time. Most of Ess Tech's value examination focuses on studying past and present price action to predict the probability of Ess Tech's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ess Tech's price. Additionally, you may evaluate how the addition of Ess Tech to your portfolios can decrease your overall portfolio volatility.
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Is Ess Tech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ess Tech. If investors know Ess Tech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ess Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ess Tech is measured differently than its book value, which is the value of Ess Tech that is recorded on the company's balance sheet. Investors also form their own opinion of Ess Tech's value that differs from its market value or its book value, called intrinsic value, which is Ess Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ess Tech's market value can be influenced by many factors that don't directly affect Ess Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ess Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine Ess Tech value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ess Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.