Energous Corp (NASDAQ:WATT) Is Down -13.00% Over The Past 30 Days: Could Trouble Be Ahead?

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In last trading session, Energous Corp (NASDAQ:WATT) saw 0.43 million shares changing hands with its beta currently measuring 2.39. Company’s recent per share price level of $0.42 trading at -$0.01 or -2.42% at ring of the bell on the day assigns it a market valuation of $12.67M. That closing price of WATT’s stock is at a discount of -542.86% from its 52-week high price of $2.70 and is indicating a premium of 33.33% from its 52-week low price of $0.28.

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.

Energous Corp (NASDAQ:WATT) trade information

Upright in the red during last session for losing -2.42%, in the last five days WATT remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $0.42 price level, adding 13.42% to its value on the day. Energous Corp’s shares saw a change of -58.46% in year-to-date performance and have moved -9.86% in past 5-day. Energous Corp (NASDAQ:WATT) showed a performance of -13.00% in past 30-days.

Energous Corp (WATT) estimates and forecasts

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

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.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 68.44 shares of worth $28718.0 or 0.23% of the total outstanding shares. The later fund manager was in possession of 42.69 shares on Dec 31, 2024 , making its stake of worth around $17913.0 in the company or a holder of 0.14% of company’s stock.