Energous Corp (NASDAQ:WATT) currently has a daily average trading volume of 1.16M but it saw 373408 shares traded in last market. With a market cap of 9.46M USD, the company’s current market price of $0.28 remained unchanged while comparing to the previous closing price of $0.28. 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.
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 -1.07% down while it is -2.43% when we observe its performance for the past one month. Year-to-date it is -74.59% down and over the past year, the stock is showing a downside performance of -72.57%.
Currently, Energous Corp’s total number of outstanding shares is 34.14M. Company’s return on investment (ROI) stands at -145.04% and return on equity (ROE) at -182.14%. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 9.01. Its return on asset (ROA) is -114.59% on average.
