Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Energous Corp (NASDAQ: WATT) closed at $0.39 down -2.53% from its previous closing price of $0.4. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 1.06 million shares were traded. WATT stock price reached its highest trading level at $0.3957 during the session, while it also had its lowest trading level at $0.3501.
Ratios:
For a deeper understanding of Energous Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.18 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WATT now has a Market Capitalization of 13309743 and an Enterprise Value of 9970339. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.60 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 5.046 whereas that against EBITDA is -0.82.
Stock Price History:
The Beta on a monthly basis for WATT is 0.74, which has changed by -0.5542857 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. 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 16.66%, while the 200-Day Moving Average is calculated to be -5.45%.
Shares Statistics:
For the past three months, WATT has traded an average of 1.62M shares per day and 2115240 over the past ten days. A total of 39.26M shares are outstanding, with a floating share count of 33.87M. Insiders hold about 0.78% of the company’s shares, while institutions hold 1.84% stake in the company. Shares short for WATT as of 1752537600 were 2576603 with a Short Ratio of 1.59, compared to 1749772800 on 1197313. Therefore, it implies a Short% of Shares Outstanding of 2576603 and a Short% of Float of 7.550000399999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
