EE

Eos Energy Enterprises

EOSE
NASDAQIndustrials
$6.80
USD
+0.46(+7.18%)
At close: Apr 30, 18:33 UTC
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Open

$6.81

Prev. Close

$6.79

High

$6.81

Low

$6.80

Market Snapshot

Market Cap

$1.83B

P/E Ratio

-1.0

EPS

-4.50

Revenue

$15.61M

Employees

787

Why EOSE moved

Eos Energy Enterprises is being sued in a class action lawsuit after a significant stock decline of 39.4% due to unsatisfactory revenue reports.

About

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for the electricity industry. The company is headquartered in Edison, New Jersey and currently employs 787 full-time employees. The company went IPO on 2020-05-22. The firm has developed a range of intellectual property with multiple patents covering battery chemistry, mechanical product design, energy block configuration and a software operating system (Battery Management System or BMS). The BMS software uses proprietary Eos-developed algorithms and includes ambient and battery temperature sensors, as well as voltage and electric current sensors for the electrical strings and the system. The company focuses on manufacturing and selling direct current (DC) battery energy storage systems. The company also plans to develop an alternating current (AC) system. The firm offers an advanced Znyth technology battery energy storage system (BESS) designed to provide the operating flexibility to manage increased grid complexity. Its primary market is North America.

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