ESS Tech (GWH) Scheduled to Post Earnings on Wednesday

ESS Tech (NYSE:GWH) will post its quarterly earnings results after the market closes on Wednesday, August 14th. Analysts expect ESS Tech to post earnings of ($0.11) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

ESS Tech Stock Performance

NYSE:GWH opened at $0.67 on Tuesday. The company has a market cap of $116.93 million, a price-to-earnings ratio of -1.49 and a beta of 1.52. The stock’s fifty day moving average price is $0.77 and its two-hundred day moving average price is $0.79. ESS Tech has a 52-week low of $0.61 and a 52-week high of $2.11.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on GWH shares. Roth Mkm initiated coverage on ESS Tech in a report on Friday, July 12th. They issued a “buy” rating and a $1.50 price target on the stock. TD Cowen cut their target price on shares of ESS Tech from $2.50 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Finally, Roth Capital upgraded shares of ESS Tech to a “strong-buy” rating in a research report on Friday, July 12th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2.01.

ESS Tech Company Profile

ESS Tech, Inc, an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.