The 36-month beta value for WATT is also noteworthy at 2.38. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for WATT is 31.42M, and at present, short sellers hold a 4.46% of that float. The average trading volume of WATT on February 13, 2025 was 6.44M shares.
WATT) stock’s latest price update
The stock price of Energous Corp (NASDAQ: WATT) has dropped by -2.12 compared to previous close of 0.46. Despite this, the company has seen a gain of 6.47% in its stock price over the last five trading days. businesswire.com reported 2025-01-22 that SAN JOSE, Calif.–(BUSINESS WIRE)–Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a pioneer in scalable, over-the-air wireless power networks (WPNs), announced today it has joined the Amazon Web Services (AWS) Partner Network (APN). The APN is a global community of AWS Partners that leverage programs, expertise, and resources to build, market, and sell customer offerings. A growing number of retailers are using Internet of Things (IoT) technologies to increase visi.
WATT’s Market Performance
WATT’s stock has risen by 6.47% in the past week, with a monthly drop of -22.65% and a quarterly drop of -16.97%. The volatility ratio for the week is 10.14% while the volatility levels for the last 30 days are 12.15% for Energous Corp The simple moving average for the last 20 days is -1.48% for WATT’s stock, with a simple moving average of -44.61% 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 $2 based on the research report published on May 16, 2024 of the previous year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see WATT reach a price target of $2, previously predicting the price at $3.50. The rating they have provided for WATT stocks is “Neutral” according to the report published on April 05th, 2024.
Ladenburg Thalmann gave a rating of “Buy” to WATT, setting the target price at $6.50 in the report published on May 01st of the previous year.
WATT Trading at -16.41% 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 unable to rebound, for now settling with -83.55% of loss for the given period.
Volatility was left at 12.15%, however, over the last 30 days, the volatility rate increased by 10.14%, as shares sank -19.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.70% lower at present.
During the last 5 trading sessions, WATT rose by +10.54%, which changed the moving average for the period of 200-days by -65.46% in comparison to the 20-day moving average, which settled at $0.4602. In addition, Energous Corp saw -55.20% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WATT
Current profitability levels for the company are sitting at:
- -41.54 for the present operating margin
- -0.49 for the gross margin
The net margin for Energous Corp stands at -43.72. The total capital return value is set at -41.31. Equity return is now at value -243.94, with -160.32 for asset returns.
Based on Energous Corp (WATT), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at -23.76.
Currently, EBITDA for the company is -21.55 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 30.98. The receivables turnover for the company is 2.84for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In summary, Energous Corp (WATT) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
