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The closing price of Energous Corp (NASDAQ: WATT) was $0.27 for the day, up 1.21% from the previous closing price of $0.26. In other words, the price has increased by $1.21 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
Our analysis of WATT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.85 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.10.
On April 05, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.50 to $2.
Ladenburg Thalmann Upgraded its Neutral to Buy on May 01, 2019, while the target price for the stock was maintained at $6.50.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.71 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
Over the past 52 weeks, WATT has reached a high of $2.70, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -6.10%, while the 200-Day Moving Average is calculated to be -48.34%.
Shares Statistics:
A total of 34.14M shares are outstanding, with a floating share count of 33.87M. Insiders hold about 0.78% of the company’s shares, while institutions hold 1.88% stake in the company.
