In last trading session, Energous Corp (NASDAQ:WATT) saw 0.42 million shares changing hands with its beta currently measuring 2.69. Company’s recent per share price level of $0.29 trading at -$0.01 or -1.69% at ring of the bell on the day assigns it a market valuation of $2.95M. That closing price of WATT’s stock is at a discount of -848.28% from its 52-week high price of $2.75 and is indicating a premium of 3.45% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 220.05K if we extend that period to 3-months.
For Energous Corp (WATT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.74 in the current quarter.
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Energous Corp (NASDAQ:WATT) trade information
Upright in the red during last session for losing -1.69%, in the last five days WATT remained trading in the red while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $0.29 price level, adding 16.38% to its value on the day. Energous Corp’s shares saw a change of -84.10% in year-to-date performance and have moved -9.06% in past 5-day. Energous Corp (NASDAQ:WATT) showed a performance of -38.72% in past 30-days. Number of shares sold short was 0.77 million shares which calculate 3.97 days to cover the short interests.
Energous Corp (WATT) estimates and forecasts
Statistics highlight that Energous Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -73.06% of value to its shares in past 6 months, showing an annual growth rate of 18.05% while that of industry is 18.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 91.91% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 500k for the same.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 36.40% during past 5 years.
Energous Corp (NASDAQ:WATT)’s Major holders
Insiders are in possession of 3.43% of company’s total shares while institution are holding 11.54 percent of that, with stock having share float percentage of 11.95%. Investors also watch the number of corporate investors in a company very closely, which is 11.54% institutions for Energous Corp that are currently holding shares of the company. DOHENY ASSET MANAGEMENT /CA is the top institutional holder at WATT for having 0.21 million shares of worth $0.59 million. And as of 2024-06-30, it was holding 3.512 of the company’s outstanding shares.