GWH-WT stock drops to -$14.02 at NYSE close 23 Jan 2026: key risk signals
GWH-WT stock closed at -$14.02 on 23 Jan 2026 at the NYSE, making it one of the session’s top losers. The quoted negative price reflects a warrant quote adjustment and thin liquidity, and it arrived with 3,940,459 shares traded. We review how the data anomaly, company fundamentals and trading indicators combined to drive the move and what traders should watch next.
GWH-WT stock: market close snapshot
At the close on 23 Jan 2026 the NYSE quote for ESS Tech, Inc. WT (GWH-WT) registered -$14.02 with a reported change of -14.09 from the previous close of $0.07. The session high and low were -$13.97 and -$14.20 respectively. Volume spiked to 3,940,459 versus an average volume of 1,233,815, and market capitalization stood at $21,661,630 USD.
Why the sharp fall for GWH-WT stock
Recorded negative pricing on GWH-WT appears driven by warrant-specific adjustments and low quote liquidity rather than a corporate cashflow shock. Market feeds for derivative instruments can show negative prints when strike resets, delisting events or automated adjustments occur. The unusually large volume suggests active positions closed or re-priced during the session.
There was no immediate ESS Tech press release tied to the move. For broader market context, community commentary around related energy storage names has picked up in the last 48 hours source and market search indexes recorded increased activity source.
GWH-WT stock fundamentals and key ratios
ESS Tech, Inc. WT (GWH-WT) is listed on the NYSE in the United States and sits in the Industrials sector, Electrical Equipment & Parts industry. Trailing metrics show revenue per share $0.43 and net income per share -$4.45. The price to sales ratio is 3.77 while price to book is -14.42, reflecting negative book value per share of -$0.12.
Liquidity and solvency ratios signal stress: current ratio 0.49, quick ratio 0.29 and interest coverage -138.18. These figures indicate limited short-term buffers and negative operating leverage. Investors should treat quoted warrant prices as distinct from common equity fundamentals.
Technicals and trading signals for GWH-WT stock
Momentum indicators show mixed signals: RSI 57.95 and MACD histogram 0.90 suggest short-term strength despite the negative quote. Volatility remains high with ATR 3.14 and Bollinger middle band at -7.60. On balance volume (OBV) reads -1,835,216, consistent with net selling pressure in recent sessions.
Average 50-day price and 200-day price metrics are negative in the feed, highlighting that public price history for this warrant is distorted by adjustments. Traders must check exchange notices and broker feeds before acting.
Meyka AI grade and short-term outlook for GWH-WT stock
Meyka AI rates GWH-WT with a score of 59.22 out of 100, Grade C+, suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score reflects weak fundamentals offset by modest market cap and active trading volume.
Meyka AI’s forecast model projects a monthly price of -$11.85 for GWH-WT versus the current -$14.02. That implies an implied move toward a less negative quote of +15.47% from today. Forecasts are model-based projections and not guarantees.
Risks, strategy and what investors should watch
Primary risks include quote anomalies for warrants, continued illiquidity, and negative book equity metrics. Key ratios to monitor are current ratio 0.49, price to sales 3.77, and operating cash flow per share -$4.02. For traders, confirm execution prices with your broker and set tight risk controls.
Longer term, watch ESS Tech common equity developments, corporate filings, and any warrant amendments or expirations. Use position sizing and avoid assuming negative quoted prices reflect tradable equity value.
Final Thoughts
GWH-WT stock closed at -$14.02 on 23 Jan 2026 at the NYSE, registering large volume and making it a top loser for the session. The negative quote likely reflects warrant adjustments and thin liquidity more than a new cashflow event. Fundamentals show weakness with net income per share -$4.45, price to sales 3.77, and a current ratio of 0.49. Meyka AI’s model projects a monthly price of -$11.85, implying an implied move of +15.47% toward a less negative quote from the current level. Meyka AI rates GWH-WT 59.22/100 (C+, HOLD) based on benchmark and sector comparisons, financial growth and key metrics. These grades and forecasts are model-based and not guarantees. Traders should confirm exchange notices, watch liquidity, and treat warrant quotes separately from common stock valuations. For a quick reference on current trade data visit our stock page at https://meyka.ai/stocks/GWH-WT and verify quotes with your broker before trading.
FAQs
Why does the GWH-WT stock show a negative price?
Negative prints for GWH-WT stock typically reflect warrant adjustments or data-feed anomalies. Check NYSE notices and broker feeds. Negative quotes do not always equal tradable cash value and often require issuer or exchange confirmation.
What is Meyka AI’s forecast for GWH-WT stock?
Meyka AI’s forecast model projects a monthly price of -$11.85 for GWH-WT stock versus the current -$14.02, implying an implied move of +15.47% toward a less negative quote. Forecasts are model-based and not guarantees.
How did fundamentals affect GWH-WT stock’s move?
Fundamentals for ESS Tech WT show weak metrics: net income per share -$4.45, price to sales 3.77, and current ratio 0.49. These factors increase risk when liquidity is thin, magnifying price swings for warrants like GWH-WT.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
