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After finishing at $0.66 in the prior trading day, Energous Corp (NASDAQ: WATT) closed at $0.58, down -11.38%. In other words, the price has decreased by -$11.38 from its previous closing price. On the day, 2.58 million shares were traded. WATT stock price reached its highest trading level at $0.6791 during the session, while it also had its lowest trading level at $0.5518.
Ratios:
Our goal is to gain a better understanding of WATT by taking a closer look at its different ratios. 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.
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 11618158 and an Enterprise Value of -289296. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.02 while its Price-to-Book (P/B) ratio in mrq is 10.48. Its current Enterprise Value per Revenue stands at -0.781 whereas that against EBITDA is 0.015.
Stock Price History:
The Beta on a monthly basis for WATT is 2.40, which has changed by -0.5925926 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 3.73%, while the 200-Day Moving Average is calculated to be -37.85%.
Shares Statistics:
The stock has traded on average 5.94M shares per day over the past 3-months and 33873670 shares per day over the last 10 days, according to various share statistics. A total of 19.86M shares are outstanding, with a floating share count of 19.40M. Insiders hold about 2.33% of the company’s shares, while institutions hold 1.88% stake in the company. Shares short for WATT as of 1730332800 were 766358 with a Short Ratio of 0.64, compared to 1727654400 on 763195. Therefore, it implies a Short% of Shares Outstanding of 766358 and a Short% of Float of 11.2799995.
