Energous Corp (NASDAQ:WATT) has a beta value of 2.37 and has seen 43.66 million shares traded in the last trading session. The company, currently valued at $12.29M, closed the last trade at $1.23 per share which meant it gained $0.44 on the day or 56.67% during that session. The WATT stock price is -123.58% off its 52-week high price of $2.75 and 77.24% above the 52-week low of $0.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 29.39 million shares traded. The 3-month trading volume is 4.86 million shares.
The consensus among analysts is that Energous Corp (WATT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Energous Corp (NASDAQ:WATT) trade information
Sporting 56.67% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WATT stock price touched $1.23 or saw a rise of 54.44%. Year-to-date, Energous Corp shares have moved 21.78%, while the 5-day performance has seen it change 203.70%. Over the past 30 days, the shares of Energous Corp (NASDAQ:WATT) have changed 179.55%. Short interest in the company has seen 0.77 million shares shorted with days to cover at 3.97.
Energous Corp (WATT) estimates and forecasts
Figures show that Energous Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 18.27% over the past 6 months, with this year growth rate of 18.05%, compared to 18.10% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 36.40% over the past 5 years.
WATT Dividends
Energous Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Energous Corp (NASDAQ:WATT)’s Major holders
Insiders own 3.43% of the company shares, while shares held by institutions stand at 11.54% with a share float percentage of 11.95%. Investors are also buoyed by the number of investors in a company, with Energous Corp having a total of 36.0 institutions that hold shares in the company. The top two institutional holders are DOHENY ASSET MANAGEMENT /CA with over 0.21 million shares worth more than $0.59 million. As of 2024-06-30, DOHENY ASSET MANAGEMENT /CA held 3.512% of shares outstanding.
