In the last trading session, 2.45 million Energous Corp (NASDAQ:WATT) shares changed hands as the company’s beta touched 0.67. With the company’s per share price at $0.23 changed hands at -$0.04 or -12.37% during last session, the market valuation stood at $7.12M. WATT’s last price was a discount, traded about -1073.91% off its 52-week high of $2.70. The share price had its 52-week low at $0.25, which suggests the last value was -8.7% down since then. When we look at Energous Corp’s average trading volume, we note the 10-day average is 0.6 million shares, with the 3-month average coming to 1.85 million.
Analysts gave the Energous Corp (WATT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended WATT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Energous Corp’s EPS for the current quarter is expected to be 0.
Energous Corp (NASDAQ:WATT) trade information
Instantly WATT was in red as seen at the end of in last trading. With action -14.30%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -76.86%, with the 5-day performance at -14.30% in the red. However, in the 30-day time frame, Energous Corp (NASDAQ:WATT) is -24.61% down. Looking at the short shares, we see there were 1.32 million shares sold at short interest cover period of 1.74 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.74%.
WATT Dividends
Energous Corp is expected to release its next quarterly earnings report on 2025-Feb-26.
Energous Corp (NASDAQ:WATT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.78% of Energous Corp shares while 1.36% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.37%. There are 1.36% institutions holding the Energous Corp stock share, with DOHENY ASSET MANAGEMENT /CA the top institutional holder. As of 2024-06-30, the company held 3.512% of the shares, roughly 0.21 million WATT shares worth $0.59 million.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 68.44 shares estimated at $15995.0 under it, the former controlled 0.22% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.14% of the shares, roughly 41.79 shares worth around $9765.0.
