E2open Parent (NYSE:ETWO) announced its quarterly earnings data on Tuesday. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02, Fidelity Earnings reports.
Shares of ETWO opened at $11.47 on Thursday. E2open Parent has a 52-week low of $8.26 and a 52-week high of $14.58. The stock has a fifty day simple moving average of $11.46 and a two-hundred day simple moving average of $11.34. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.22.
In other E2open Parent news, Director Chinh Chu acquired 28,302 shares of the business’s stock in a transaction that occurred on Wednesday, September 1st. The stock was purchased at an average cost of $10.60 per share, with a total value of $300,001.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Elliott Investment Management sold 338,011 shares of E2open Parent stock in a transaction dated Thursday, August 12th. The shares were sold at an average price of $11.00, for a total value of $3,718,121.00. The disclosure for this sale can be found here. Insiders sold a total of 1,670,148 shares of company stock valued at $19,553,674 over the last ninety days. Corporate insiders own 7.06% of the company’s stock.
Separately, Bank of America started coverage on E2open Parent in a report on Thursday, September 30th. They issued a “neutral” rating and a $14.00 price objective on the stock.
E2open Parent Company Profile
E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.
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