Energous Corp (NASDAQ:WATT) currently has a daily average trading volume of 1.39M but it saw 1231529 shares traded in last market. With a market cap of 13.34M USD, the company’s current market price of $0.39 came falling about -5.03 while comparing to the previous closing price of $0.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.70 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.38 while lowest mark touched by it was $0.4131.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Ladenburg Thalmann which upgraded the stock as “Buy” in its note to investors issued on May 16, 2024, recommending a price target of $2 for it. Ladenburg Thalmann downgraded its recommendation for the stock as a “Neutral” from “Buy” on April 05, 2024 while assigning a price target range of $3.50-$2. Ladenburg Thalmann also issued its recommendations for the stock as it upgraded the price target for the stock is $6.50.
Over the week, WATT’s stock price is moving 26.06% up while it is 45.44% when we observe its performance for the past one month. Year-to-date it is -62.42% down and over the past year, the stock is showing a downside performance of -61.31%.
Currently, Energous Corp’s total number of outstanding shares is 34.14M with 0.39% of that held by the insiders while 1.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -145.04% and return on equity (ROE) at -182.14%. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 1.33 while price to sale or P/S ratio amounts to 12.71. Its return on asset (ROA) is -114.59% on average.
