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The closing price of Energous Corp (NASDAQ: WATT) was $0.53 for the day, down -2.53% from the previous closing price of $0.54. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 3.42 million shares were traded. WATT stock price reached its highest trading level at $0.5478 during the session, while it also had its lowest trading level at $0.37.
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:
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 18116136 and an Enterprise Value of 10370217. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.26 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 9.905 whereas that against EBITDA is -0.724.
Stock Price History:
The Beta on a monthly basis for WATT is 0.73, which has changed by -0.34444445 over the last 52 weeks, in comparison to a change of 0.16260707 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 72.67%, while the 200-Day Moving Average is calculated to be 27.20%.
Shares Statistics:
WATT traded an average of 1.45M shares per day over the past three months and 3415760 shares per day over the past ten days. 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. Shares short for WATT as of 1751241600 were 1335125 with a Short Ratio of 0.92, compared to 1748563200 on 1622181. Therefore, it implies a Short% of Shares Outstanding of 1335125 and a Short% of Float of 3.9100002000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
