Energous Corp (NASDAQ: WATT) Has Succeeded In Generating Interest In 2024, The Stock Is Down -80.49% Year-To-Date

Energous Corp (NASDAQ:WATT)’s traded shares stood at 13.78 million during the latest session, with the company’s beta value hitting 2.64. At the last check today, the stock’s price was $0.36, to imply an increase of 0.03% or $0.0 in intraday trading. The WATT share’s 52-week high remains $2.75, putting it -663.89% down since that peak but still an impressive 22.22% since price per share fell to its 52-week low of $0.28. The company has a valuation of $3.62M, with an average of 0.54 million shares in intraday trading volume over the past 10 days and average of 229.27K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Energous Corp (WATT), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give WATT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

Energous Corp (NASDAQ:WATT) trade information

After registering a 0.03% upside in the latest session, Energous Corp (WATT) has traded red over the past five days. The 5-day price performance for the stock is 15.19%, and -24.04% over 30 days. With these gigs, the year-to-date price performance is -80.49%. Short interest in Energous Corp (NASDAQ:WATT) saw shorts transact 0.77 million shares and set a 3.97 days time to cover.

Energous Corp (WATT) estimates and forecasts

Looking at statistics comparing Energous Corp share performance against respective industry, we note that the company has underperformed competitors. Energous Corp (WATT) shares are -68.12% down over the last 6 months, with its year-to-date growth rate lower than industry average at 18.05% against 18.10%.

WATT Dividends

Energous Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Energous Corp (NASDAQ:WATT)’s Major holders

Energous Corp insiders hold 3.43% of total outstanding shares, with institutional holders owning 11.54% of the shares at 11.95% float percentage. In total, 11.54% institutions holds shares in the company, led by DOHENY ASSET MANAGEMENT /CA. As of 2024-06-30, the company held over 0.21 million shares (or 3.512% of shares), all amounting to roughly $0.59 million.