ESS Tech Inc. (GWH) shares were rising 4.65% to trade at $4.95 in after-hours at the last check. ESS Tech (GWH) stock lost -9.04% to close Thursday’s session at $4.73. The stock volume remained 0.6 million shares, which was lower than the average daily volume of 0.76 million shares within the past 50 days. GWH shares have fallen by -56.24% over the last 12 months, and they have moved down by -12.08% in the past week.
Over the past three months, the GWH stock has lost -68.76%, while over the past six months, it has shed -52.17%. Further, the company has a current market of $743.79 million and its outstanding shares stood at 31.25 million. GWH stock rose after-hours following the new addition to its board.
Who has joined the company board?
ESS Tech (GWH) plans, constructs and sends earth economical, minimal expense, iron stream batteries for long-span business and utility-scale energy stockpiling applications expecting from 4 to 12 hours of adaptable energy limit. The Energy Warehouse and Energy Center use earth-plentiful iron, salt, and water for the electrolyte, bringing about an ecologically harmless, long-life energy stockpiling answer for the world’s sustainable power framework.
ESS Tech (GWH) reported that Claudia Gast has joined its Board of Directors. Ms. Gast brings more than 15 years of involvement driving consolidations and acquisitions and a broad foundation in money, system, and tasks both in private value and with Fortune 100 organizations.
She presently fills in as CFO and Board Member of Global Technology Acquisition Corp. Ms. Gast replaces Shirley Speakman of Cycle Capital, who leaves the GWH Board to get back to the beginning phase organization contributing. She is additionally the prime supporter of Green trail Capital, a hybrid venture company zeroed in on freely recorded and development stage organizations, with an accentuation on worldwide innovation and purchaser associations.
ESS Tech (GWH) inclines its tasks and extends its presence in both homegrown and global business sectors. As more associations focus on decarbonization, the arrangement of maintainable advances like ESS’s long-length battery will become key to the energy progress as a protected, solid, and savvy energy stockpiling arrangement. Furthermore, with the expansion of Ms. Gast, GWH is particularly very much situated to address these necessities.
GWH set to release financials:
ESS Tech (GWH) is likewise set to deliver its monetary outcomes one week from now. GWH will hold a telephone call on Thursday, February 24, 2022, at 5:00 p.m. EST to examine monetary outcomes for its final quarter and entire year of 2021 finished December 31, 2021. GWH news discharge reporting the final quarter and entire year 2021 monetary outcomes will be spread on February 24, 2022, after the market closes.
