Energous Corp (NASDAQ:WATT): Buy, Sell Or Hold At $0.30?

In recent trading session, Energous Corp (NASDAQ:WATT) saw 0.46 million shares changing hands at last check today with its beta currently measuring 2.26. Company’s recent per share price level of $0.30 trading at -$0.01 or -3.41% at last check today assigns it a market valuation of $9.14M. That most recent trading price of WATT’s stock is at a discount of -800.0% from its 52-week high price of $2.70 and is indicating a premium of 13.33% from its 52-week low price of $0.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.85 million shares which gives us an average trading volume of 6.83 million if we extend that period to 3-months.

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 in the current quarter.

Energous Corp (NASDAQ:WATT) trade information

Upright in the red during last session for losing -3.41%, in the last five days WATT remained trading in the red while hitting it’s week-highest on Tuesday, 03/11/25 when the stock touched $0.30 price level, adding 8.4% to its value on the day. Energous Corp’s shares saw a change of -70.28% in year-to-date performance and have moved -3.16% in past 5-day. Energous Corp (NASDAQ:WATT) showed a performance of -35.06% in past 30-days. Number of shares sold short was 1.16 million shares which calculate 1.44 days to cover the short interests.

Energous Corp (NASDAQ:WATT)’s Major holders

Insiders are in possession of 0.78% of company’s total shares while institution are holding 1.36 percent of that, with stock having share float percentage of 1.37%. Investors also watch the number of corporate investors in a company very closely, which is 1.36% institutions for Energous Corp that are currently holding shares of the company. 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 Dec 31, 2024, the former fund manager was holding 68.44 shares of worth $21217.0 or 0.22% 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 $13234.0 in the company or a holder of 0.14% of company’s stock.