Eos Energy Hits 52-Week High: Here's What's Driving the Stock

Shares of Eos Energy Enterprises (EOSE) hit a new 52-week high of $6.47 on Friday, before closing lower at$6.02. The EOSE stock has skyrocketed 473.3% in the past 12 months compared with the industry’s 4% growth and the S&P 500’s 24.7% rise. Meanwhile, the Industrial Products sector has rallied 15%.EOSE Stock’s One-Year Price Performance Image Source: Zacks Investment Research EOSE is currently trading above the 50-day and 200-day simple moving averages, signaling strong upward momentum and price stability ...