ESS Australian Partner Raises AU65M in Public and Private Funds to Accelerate Iron Flow Deployments
GWH Stock | USD 6.09 0.12 2.01% |
Under 73 percent of all ESS Tech's traders are curious in acquiring. The analysis of overall sentiment of trading ESS Tech stock suggests that a large number of investors are confidant at this time. ESS Tech's investing sentiment shows overall attitude of investors towards ESS Tech.
ESS |
WILSONVILLE, Ore., September 24, 2024--ESS Tech, Inc. , a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced that its Australian partner, Energy Storage Industries Asia Pacific , has received an investment of AU25 million from the Queensland Government and raised a further AU40 million in private capital to accelerate the clean energy transition in Australia
Read at finance.yahoo.com
ESS Tech Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ESS Tech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ESS Tech Fundamental Analysis
We analyze ESS Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESS Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESS Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
ESS Tech is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
ESS Tech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ESS Tech stock to make a market-neutral strategy. Peer analysis of ESS Tech could also be used in its relative valuation, which is a method of valuing ESS Tech by comparing valuation metrics with similar companies.
Peers
ESS Tech Related Equities
SLDP | Solid Power | 5.36 | ||||
LICY | LiCycle Holdings | 0.93 | ||||
EOSE | Eos Energy | 0.75 | ||||
FREY | FREYR Battery | 0.47 | ||||
FLNC | Fluence Energy | 3.32 |
Complementary Tools for ESS Stock analysis
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