During the last session, Energous Corp (NASDAQ:WATT)’s traded shares were 0.71 million, with the beta value of the company hitting 2.39. At the end of the trading day, the stock’s price was $0.44, reflecting an intraday loss of -5.05% or -$0.03. The 52-week high for the WATT share is $2.75, that puts it down -525.0 from that peak though still a striking 36.36% gain since the share price plummeted to a 52-week low of $0.28. The company’s market capitalization is $14.00M, and the average intraday trading volume over the past 10 days was 0.99 million shares, and the average trade volume was 6.46 million shares over the past three months.
Energous Corp (WATT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. WATT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.74.
Energous Corp (NASDAQ:WATT) trade information
Energous Corp (WATT) registered a -5.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.05% in intraday trading to $0.44, hitting a weekly high. The stock’s 5-day price performance is 10.50%, and it has moved by -23.79% in 30 days. Based on these gigs, the overall price performance for the year is -75.85%. The short interest in Energous Corp (NASDAQ:WATT) is 1.4 million shares and it means that shorts have 0.22 day(s) to cover.
Energous Corp (WATT) estimates and forecasts
In the rating firms’ projections, revenue will increase 91.91% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 500k as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 36.40%.
WATT Dividends
Energous Corp is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Energous Corp (NASDAQ:WATT)’s Major holders
Energous Corp insiders own 1.19% of total outstanding shares while institutional holders control 2.06%, with the float percentage being 2.08%. DOHENY ASSET MANAGEMENT /CA is the largest shareholder of the company, while 35.0 institutions own stock in it. As of 2024-06-30, the company held over 0.21 million shares (or 3.512% of all shares), a total value of $0.59 million in shares.
Also, the Mutual Funds coming in first place with the largest holdings of Energous Corp (WATT) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 68.44 shares. This amounts to just over 0.68 percent of the company’s overall shares, with a $30251.0 market value. The same data shows that the other fund manager holds slightly less at 43.04, or about 0.42% of the stock, which is worth about $19021.0.
