Taking this into account, Goldman downgraded its E2open Parent Holdings Inc [ETWO] rating to a Sell from a a Neutral in a research note published on December 11, 2024; the price target was decreased to $2.90 from $3.50. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid January with a ‘”an Equal-weight”‘ rating. Redburn Atlantic also remained covering ETWO and has decreased its forecast on October 12, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Loop Capital revised its rating on June 08, 2023. It rated ETWO as “a Hold” which previously was an “a Buy”.
Price Performance Review of ETWO
On Friday, E2open Parent Holdings Inc [NYSE:ETWO] saw its stock jump 0.47% to $2.14. Over the last five days, the stock has gained 9.74%. E2open Parent Holdings Inc shares have fallen nearly -19.55% since the year began. Nevertheless, the stocks have fallen -48.93% over the past one year. While a 52-week high of $5.07 was reached on 02/06/25, a 52-week low of $1.75 was recorded on 04/04/25. SMA at 50 days reached $2.18, while 200 days put it at $3.19.
Levels Of Support And Resistance For ETWO Stock
The 24-hour chart illustrates a support level at 2.09, which if violated will result in even more drops to 2.03. On the upside, there is a resistance level at 2.17. A further resistance level may holdings at 2.19. The Relative Strength Index (RSI) on the 14-day chart is 53.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.84%. Stochastics %K at 84.13% indicates the stock is a selling.
How much short interest is there in E2open Parent Holdings Inc?
A steep rise in short interest was recorded in E2open Parent Holdings Inc stocks on 2025-04-15, dropping by -0.57 million shares to a total of 7.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 8.45 million shares. There was a decline of -7.19%, which implies that there is a negative sentiment for the stock.
