15.3 C
New York
Friday, September 29, 2023

E2open Parent Holdings Inc. (NYSE: ETWO) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for E2open Parent Holdings Inc. (ETWO) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $4.98. The E2open Parent Holdings Inc. has recorded 1,200,761 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that E2open Announces Connect 2023 Client Award Winners.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

E2open Parent Holdings Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Software – Application industry. At the end of the last regular session, the stock closed at $4.98 and fluctuated between $5.0000 as its day high and $4.9000 as its day low. The current market capitalization of E2open Parent Holdings Inc. is $1.50B. A total of 6.38 million shares were traded on the day, compared to an average of 1.30M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ETWO has seen 1 BUY and 3 SELL insider trades, representing the acquisition of 2,405 and the disposition of 26,899 shares. Over the last 12 months, there were 18 BUYs and 28 SELLs from insiders. Insiders purchased 1,078,800 shares during that period but sold 16,486,298.

In the most recent transaction, Farlekas Michael sold 13,000 shares of ETWO for 4.83 per share on Sep 05. After the transaction, the Chief Executive Officer now owns 214,474 company shares. In a previous transaction on Aug 07, Farlekas Michael sold 13,000 shares at 4.99 per share. ETWO shares that Chief Executive Officer owns now total 227,474.

Among the insiders who sold shares, Farlekas Michael disposed of 13,000 shares on Jul 05 at a per-share price of $5.48. This resulted in the Chief Executive Officer holding 240,474 shares of ETWO after the transaction. In another insider transaction, Farlekas Michael sold 13,000 shares at $5.37 per share on Jun 05. Company shares held by the Chief Executive Officer now total 253,474.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ETWO in the last 3 months, the mean price target is $6.21 with high estimates of $8.50 and low estimates of $5.00. In terms of 52-week highs and lows, ETWO has a high of $7.20 and a low of $3.92.

As of this writing, ETWO has an earnings estimate of $Take-Two Interactive Software, per share for the current quarter. EPS was calculated based on a consensus of Two Harbors Investment Corp estimates, with a high estimate of $E2open Parent Holdings, Inc. per share and a lower estimate of $Vanguard Russell 2000 ETF.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ETWO’s latest balance sheet shows that the firm has $155.48M in Cash & Short Term Investments as of fiscal 2022. There were $985.78M in debt and $440.37M in liabilities at the time. Its Book Value Per Share was $7.24, while its Total Shareholder’s Equity was $3.48B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ETWO is Buy with a score of 2.75.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles