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The price of Energous Corp (NASDAQ: WATT) closed at $1.01 in the last session, down -61.89% from day before closing price of $2.65. In other words, the price has decreased by -$61.89 from its previous closing price. On the day, 28.72 million shares were traded. WATT stock price reached its highest trading level at $1.88 during the session, while it also had its lowest trading level at $1.0.
Ratios:
We take a closer look at WATT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 0.00.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 03 ’24 when Patel Rahul G. sold 675 shares for $1.60 per share. The transaction valued at 1,080 led to the insider holds 3,659 shares of the business.
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 10240188 and an Enterprise Value of -289296. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.08 while its Price-to-Book (P/B) ratio in mrq is 18.09. Its current Enterprise Value per Revenue stands at -0.781 whereas that against EBITDA is 0.015.
Stock Price History:
Over the past 52 weeks, WATT has reached a high of $2.75, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 92.25%, while the 200-Day Moving Average is calculated to be 3.24%.
Shares Statistics:
According to the various share statistics, WATT traded on average about 4.12M shares per day over the past 3-months and 27707200 shares per day over the past 10 days. A total of 10.14M shares are outstanding, with a floating share count of 9.87M. Insiders hold about 2.64% of the company’s shares, while institutions hold 3.68% stake in the company. Shares short for WATT as of 1730332800 were 766358 with a Short Ratio of 0.23, compared to 1727654400 on 763195. Therefore, it implies a Short% of Shares Outstanding of 766358 and a Short% of Float of 11.2799995.
