Energous Corp (NASDAQ:WATT) has a beta value of 2.27 and has seen 1.82 million shares traded in the last trading session. The WATT stock price is -497.83% off its 52-week high price of $2.75 and 39.13% 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 2.2 million shares traded. The 3-month trading volume is 6.28 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. The expected earnings per share for the stock is -0.74.
Energous Corp (NASDAQ:WATT) trade information
Over the past 30 days, the shares of Energous Corp (NASDAQ:WATT) have changed 52.77%. 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 lost -42.04% over the past 6 months, with this year growth rate of 18.05%, compared to 18.30% for the industry. Revenue growth from the last financial year stood is estimated to be 91.91%.
1 analysts offering their estimates for the company have set an average revenue estimate of 500k for the current quarter.
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.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 0.68% shares in the company for having 68.44 shares of worth $31483.0 while later fund manager owns 43.04 shares of worth $19796.0 as of Nov 30, 2024 , which makes it owner of about 0.42% of company’s outstanding stock.
