Energous Corporation (NASDAQ:WATT) went up by 94.35% from its latest closing price compared to the recent 1-year high of $4.90. The company’s stock price has collected 70.12% of gains in the last five trading sessions. Press Release reported on 02/19/21 that Thinking about buying stock in Energous Corp, Casa Systems, Citius Pharmaceuticals, Creative Realities, or Precision BioSciences?
Is It Worth Investing in Energous Corporation (NASDAQ :WATT) Right Now?
Plus, the 36-month beta value for WATT is at 3.48. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Energous Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $6.00. WATT currently public float of 41.61M and currently shorts hold a 7.19% ratio of that float. Today, the average trading volume of WATT was 8.53M shares.
WATT’s Market Performance
WATT stocks went up by 70.12% for the week, with a monthly jump of 131.73% and a quarterly performance of 270.77%, while its annual performance rate touched 284.57%. The volatility ratio for the week stands at 19.37% while the volatility levels for the past 30 days are set at 16.51% for Energous Corporation. The simple moving average for the period of the last 20 days is 86.94% for WATT stocks with a simple moving average of 163.75% for the last 200 days.
Analysts’ Opinion of WATT
Many brokerage firms have already submitted their reports for WATT stocks, with Ladenburg Thalmann repeating the rating for WATT by listing it as a “Buy.” The predicted price for WATT in the upcoming period, according to Ladenburg Thalmann is $6.50 based on the research report published on May 01st of the previous year 2019.
Ladenburg Thalmann gave a rating of “Buy” to WATT, setting the target price at $32 in the report published on January 03rd of the previous year.
WATT Trading at 152.60% from the 50-Day Moving Average
After a stumble in the market that brought WATT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 47.55% of gains for the given period.
Volatility was left at 16.51%, however, over the last 30 days, the volatility rate increased by 19.37%, as shares surge +128.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +299.45% upper at present.
During the last 5 trading sessions, WATT rose by +70.12%, which changed the moving average for the period of 200-days by +201.25% in comparison to the 20-day moving average, which settled at $4.07. In addition, Energous Corporation saw 301.67% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at WATT starting from Sahejpal Neeraj, who sale 2,662 shares at the price of $4.33 back on Feb 16. After this action, Sahejpal Neeraj now owns 259,051 shares of Energous Corporation, valued at $11,526 using the latest closing price.
Sereda Brian J, the Senior Vice President & CFO of Energous Corporation, sale 3,336 shares at $4.33 during a trade that took place back on Feb 16, which means that Sereda Brian J is holding 266,391 shares at $14,445 based on the most recent closing price.
Stock Fundamentals for WATT
Current profitability levels for the company are sitting at:
- -19390.09 for the present operating margin
The net margin for Energous Corporation stands at -19185.83. The total capital return value is set at -196.46, while invested capital returns managed to touch -198.01. Equity return is now at value -173.40, with -139.20 for asset returns.
Based on Energous Corporation (WATT), the company’s capital structure generated 11.17 points at debt to equity in total, while total debt to capital is 10.05. Total debt to assets is 8.54, with long-term debt to equity ratio resting at 7.37. Finally, the long-term debt to capital ratio is 6.63.
When we switch over and look at the enterprise to sales, we see a ratio of 169.91, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 3.72 and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.97.