Energous Corp (WATT) concluded trading on Thursday at a closing price of $0.52, with 2.93 million shares of worth about $1.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.50% during that period and on January 16, 2025 the price saw a loss of about -9.48%. Currently the company’s common shares owned by public are about 19.86M shares, out of which, 19.48M shares are available for trading.
Stock saw a price change of -34.13% in past 5 days and over the past one month there was a price change of 64.06%. Year-to-date (YTD), WATT shares are showing a performance of -48.02% which decreased to -68.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.28 but also hit the highest price of $2.75 during that period. The average intraday trading volume for Energous Corp shares is 6.01 million. The stock is currently trading -25.88% below its 20-day simple moving average (SMA20), while that difference is down -6.74% for SMA50 and it goes to -43.40% lower than SMA200.
Energous Corp (NASDAQ: WATT) currently have 19.86M outstanding shares and institutions hold larger chunk of about 1.88% of that.
The stock has a current market capitalization of $10.43M and its 3Y-monthly beta is at 2.37. It has posted earnings per share of -$3.11 in the same period. It has Quick Ratio of 0.60 while making debt-to-equity ratio of 1.79. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WATT, volatility over the week remained 18.04% while standing at 32.15% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on May 16, 2024 offering a Buy rating for the stock and assigned a target price of $2 to it. Coverage by Ladenburg Thalmann stated Energous Corp (WATT) stock as a Neutral in their note to investors on April 05, 2024, suggesting a price target of $2 for the stock. Stock get a Buy rating from Ladenburg Thalmann on January 03, 2018.
