In the last trading session, 0.46 million shares of the Energous Corp (NASDAQ:WATT) were traded, and its beta was 2.61. Most recently the company’s share price was $0.90, and it changed around $0.01 or 1.00% from the last close, which brings the market valuation of the company to $5.89M. WATT currently trades at a discount to its 52-week high of $5.60, offering almost -522.22% off that amount. The share price’s 52-week low was $0.63, which indicates that the current value has risen by an impressive 30.0% since then. We note from Energous Corp’s average daily trading volume that its 10-day average is 95500.0 shares, with the 3-month average coming to 54.77K.
Energous Corp stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended WATT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
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Energous Corp (NASDAQ:WATT) trade information
Instantly WATT has showed a green trend with a performance of 1.00% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0000 on recent trading dayincreased the stock’s daily price by 10.0%. The company’s shares are currently down -50.82% year-to-date, but still down -1.68% over the last five days. On the other hand, Energous Corp (NASDAQ:WATT) is -16.67% down in the 30-day period. We can see from the shorts that 0.56 million shares have been sold at a short interest cover period of 17.13 day(s).
Energous Corp (WATT) estimates and forecasts
Energous Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -45.78 percent over the past six months and at a 13.75% annual growth rate that is well below the industry average of 19.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.40%.
Energous Corp (NASDAQ:WATT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.02% of Energous Corp shares, and 7.37% of them are in the hands of institutional investors. The stock currently has a share float of 7.60%. Energous Corp stock is held by 41.0 institutions, with RETIREMENT GROUP, LLC being the largest institutional investor. By 2024-03-31, it held 0.0001% of the shares, which is about 3.0 shares worth $6.0.
