E2open Parent Holdings, Inc. (NYSE:ETWO – Get Free Report) shares fell 4.3% during mid-day trading on Wednesday . The stock traded as low as $4.46 and last traded at $4.46. 318,342 shares traded hands during trading, a decline of 83% from the average session volume of 1,927,826 shares. The stock had previously closed at $4.66.
E2open Parent Stock Performance
The firm has a fifty day simple moving average of $4.66 and a 200 day simple moving average of $4.30. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.66. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -1.26, a PEG ratio of 1.50 and a beta of 0.92.
E2open Parent (NYSE:ETWO – Get Free Report) last issued its earnings results on Monday, April 29th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $158.45 million during the quarter, compared to analyst estimates of $154.03 million. E2open Parent had a positive return on equity of 3.29% and a negative net margin of 168.63%. As a group, sell-side analysts expect that E2open Parent Holdings, Inc. will post 0.19 earnings per share for the current year.
Institutional Trading of E2open Parent
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. ProShare Advisors LLC boosted its holdings in E2open Parent by 9.9% during the first quarter. ProShare Advisors LLC now owns 30,909 shares of the company’s stock valued at $137,000 after purchasing an additional 2,780 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of E2open Parent by 3.5% in the first quarter. California State Teachers Retirement System now owns 168,604 shares of the company’s stock valued at $749,000 after acquiring an additional 5,640 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of E2open Parent by 22.6% in the 4th quarter. Victory Capital Management Inc. now owns 32,267 shares of the company’s stock worth $142,000 after acquiring an additional 5,943 shares in the last quarter. EntryPoint Capital LLC bought a new stake in E2open Parent during the 1st quarter worth approximately $30,000. Finally, Price T Rowe Associates Inc. MD grew its position in E2open Parent by 17.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 48,845 shares of the company’s stock worth $217,000 after acquiring an additional 7,399 shares during the last quarter.
E2open Parent Company Profile
E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific. Its SaaS platform includes various key strategic and operational areas, including omni-channel, demand sensing, supply planning, global trade management, transportation and logistics and manufacturing and supply management.