The stock of E2open Parent Holdings Inc (NYSE:ETWO) last traded at $3.20, unchanged from the previous session.
ETWO stock price is now 38.60% away from the 50-day moving average and 7.37% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
With the price target reduced from $3.50 to $2.90, Goldman Downgraded its rating from Neutral to Sell for E2open Parent Holdings Inc (NYSE: ETWO). On January 17, 2024, Morgan Stanley recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $4, while ‘Redburn Atlantic’ rates the stock as ‘Neutral’
In other news, Neuberger Berman Group LLC, 10% Owner sold 30,607,831 shares of the company’s stock on May 27 ’25. The stock was sold for $98,346,022 at an average price of $3.21. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. A total of 24.61% of the company’s stock is owned by insiders.
During the past 12 months, E2open Parent Holdings Inc has had a low of $1.75 and a high of $4.82. As of last week, the company has a debt-to-equity ratio of 1.26, a current ratio of 1.11, and a quick ratio of 1.11.
The net profit margin was -108.58% and return on equity was -56.65% for ETWO. The company reported revenue of $152.68 million for the quarter, compared to $158.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.64 percent. For the current quarter, analysts expect ETWO to generate $148.92M in revenue.
