Financial Health Check: Examining Energous Corp (WATT)’s Key Ratios

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

Energous Corp (NASDAQ: WATT) closed the day trading at $0.26 down -2.46% from the previous closing price of $0.27. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 0.78 million shares were traded.

Ratios:

For a better understanding of WATT, let’s look at its different ratios. 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 8.52 while its Price-to-Book (P/B) ratio in mrq is 0.89.

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 -5.21%, while the 200-Day Moving Average is calculated to be -43.34%.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.