EON Resources Inc (EONR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This AMEX-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. The current market capitalization of EON Resources Inc is $12.06M. A total of 7.61 million shares were traded on the day, compared to an average of 1.66M shares.

In the most recent transaction, Pogo Royalty, LLC sold 429,125 shares of EONR for 1.52 per share on Jan 08 ’25. After the transaction, the 10% Owner now owns 1,571,897 company shares. In a previous transaction on Dec 16 ’24, Caravaggio Dante bought 1,000 shares at 0.61 per share. EONR shares that Chief Executive Officer owns now total 550,000.

Among the insiders who bought shares, Williams Mark acquired of 50,000 shares on Oct 15 ’24 at a per-share price of $1.00. This resulted in the VP of Finance and Admin holding 95,000 shares of EONR after the transaction. In another insider transaction, Caravaggio Dante bought 110,000 shares at $1.09 per share on Oct 15 ’24. Company shares held by the Chief Executive Officer now total 649,440.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, EONR has a high of $6.00 and a low of $0.51.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. EONR’s latest balance sheet shows that the firm has $38.74k in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was -$0.92, while its Total Shareholder’s Equity was $111.22k.

Analysts Opinion

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. 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 EONR is Buy with a score of 5.00.

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