Does Eros STX Global Corporation (ESGC) Have A Cheap Price Or Is It Risky?

The stock of Eros STX Global Corporation (NYSE:ESGC) increased by increased by $0.17 on Friday to finish at $0.92, up 22.19 percent. The last five days have seen an average of 1,104,700 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$0.9014. The average number of shares traded over the last 20 days was 1,742,915, while the average volume over the last 50 days totaled 5,349,774.

ESGC stock dropped -3.89% since last month. On 10/14/21, the company’s shares reached a one-month low of $0.6943. The stock touched a high of $2.63 on 03/24/21, after rallying from a low of $0.50 in 52 weeks. The price of ESGC stock has declined by -49.53% or -$0.9014 this year, reaching a new high 10 times. Still, the stock price is down -65.07% from the 52-week high.


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Valuation Metrics

The PE ratio of Eros STX Global Corporation has varied between 462.12 and 107.22 in the last five years. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.82.

Based on annual data, it had gross profit of $73.73 million and revenue of $155.45 million.

Earnings Surprise

According to Eros STX Global Corporation’s quarterly financial report for the quarter that ended March 30. Net income for the quarter came in at $434.26 million, while revenues rose by 100.0% to $0.0. It was predicted that Eros STX Global Corporation’s quarterly earnings would be $0.49, but it ended up being $0.08, beating the consensus by 512.50%. At the end of Eros STX Global Corporation’s most recent quarter ended March 30, its liabilities totaled 707.13 million, while its total debt was $384.04 million.

Technical Picture

Here’s a quick look at Eros STX Global Corporation’s (ESGC) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 66.11%, suggesting the stock is Neutral, with a 124.49% historical volatility rate.

The stochastic %K and %D were 42.06% and 27.00% respectively, while the average true range (ATR) was 0.0820. Based on the 14-day stochastic reading of 84.42%, the RSI (14) reading is 59.34%. On the 9-day MACD Oscillator, the stock is at 0.0376, and the 14-day reading is at 0.0255.

Analyst Ratings

Analysts have assigned Eros STX Global Corporation (ESGC) an Buy rating. ESGC is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.

What is ESGC’s price target for the next 12 months?

The current consensus forecast for the stock is between $3.50 and $3.50, with a median target price of $3.50. In analyzing these forecasts, the average price target given by analysts for Eros STX Global Corporation (ESGC) is $3.50.

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