For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Energous Corp (NASDAQ: WATT) closed at $0.30 down -5.32% from its previous closing price of $0.31. In other words, the price has decreased by -$5.32 from its previous closing price. On the day, 0.54 million shares were traded. WATT stock price reached its highest trading level at $0.318 during the session, while it also had its lowest trading level at $0.29.
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 0.50 and its Current Ratio is at 0.60.
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 9048831 and an Enterprise Value of 9181839. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.75. Its current Enterprise Value per Revenue stands at 11.956 whereas that against EBITDA is -0.545.
Stock Price History:
The Beta on a monthly basis for WATT is 2.29, which has changed by -0.83125 over the last 52 weeks, in comparison to a change of 0.086116076 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 $0.26. The 50-Day Moving Average of the stock is -30.24%, while the 200-Day Moving Average is calculated to be -56.11%.
Shares Statistics:
For the past three months, WATT has traded an average of 6.83M shares per day and 904400 over the past ten days. A total of 30.44M shares are outstanding, with a floating share count of 30.20M. Insiders hold about 0.78% of the company’s shares, while institutions hold 1.36% stake in the company. Shares short for WATT as of 1740700800 were 1164549 with a Short Ratio of 0.17, compared to 1738281600 on 1400761. Therefore, it implies a Short% of Shares Outstanding of 1164549 and a Short% of Float of 3.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
