Trade ESS Tech, Inc. - GWH CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022262 %(-$4.45)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02226%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00004 %($0.01)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00004%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022262 %
  (-$4.45)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00004 %
  ($0.01)

Key Stats

• Prev. Close: 0.38
• Open: 0.38
• 1-Year Change: -74.32%
• Day's Range: 0.38 - 0.38

Trade ESS Tech, Inc. - GWH

About ESS Tech Inc

ESS Tech, Inc., formerly ACON S2 Acquisition Corp., is a long-duration energy storage company specializing in iron flow battery technology. The Company designs and produces long-duration batteries using earth-abundant materials. Its batteries provide flexibility to grid operators and energy assurance for commercial and industrial customers. Its technology addresses energy delivery, duration, and cycle-life in a single battery platform that compares favorably to lithium-ion batteries. Using its iron flow battery technology, the Company is developing two products, such as Energy Warehouse and Energy Center. The Energy Warehouse offers energy storage ranging from 50 kilowatts (kW) to 90 kW and four to 12-hour durations. Energy Warehouses are deployed in shipping container units, allowing a turnkey system that can be installed easily at a customer’s site. The Energy Center offers a customizable configuration range and is installed to meet customers’ power, energy and duration needs.

Financial summary

BRIEF: For the nine months ended 30 September 2021, ESS Tech Inc revenues was not reported. Net loss increased from $42K to $1.5M. Higher net loss reflects General and administrative expenses increase from $42K to $2.6M (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -$0.05.