Energous Corp [WATT] stock prices are up 4.44% to $0.47 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WATT shares have gain 2.17% over the last week, with a monthly amount drifted -51.65%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Energous Corp [NASDAQ: WATT] stock has seen the most recent analyst activity on May 16, 2024, when Ladenburg Thalmann upgraded its rating to a Buy but kept the price target unchanged to $2 for it. Previously, Ladenburg Thalmann downgraded its rating to Neutral on April 05, 2024, and dropped its price target to $2. On May 01, 2019, upgrade upgraded it’s rating to Buy but maintained its price target of $6.50 on the stock. Ladenburg Thalmann downgraded its rating to a Neutral. Ladenburg Thalmann reiterated its recommendation of a Buy and raised its price target to $32 on January 03, 2018. ROTH Capital reiterated a Buy rating for this stock on December 28, 2017, and upped its price target to $45.80. In a note dated January 24, 2017, Oppenheimer downgraded an Perform rating on this stock.
The stock price of Energous Corp [WATT] has been fluctuating between $0.28 and $2.75 over the past year. Energous Corp [NASDAQ: WATT] shares were valued at $0.47 at the most recent close of the market.
Analyzing the WATT fundamentals
The Energous Corp [NASDAQ:WATT] reported sales of 0.43M for trailing twelve months, representing a surge of 36.33%. Gross Profit Margin for this corporation currently stands at -0.49% with Operating Profit Margin at -41.54%, Pretax Profit Margin comes in at -43.72%, and Net Profit Margin reading is -43.72%. To continue investigating profitability, this company’s Return on Assets is posted at -4.78, Equity is -3.42 and Total Capital is -41.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4537 points at the first support level, and at 0.4373 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4847, and for the 2nd resistance point, it is at 0.4993.
Ratios To Look Out For
It’s worth pointing out that Energous Corp [NASDAQ:WATT]’s Current Ratio is 0.81. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 34.61, the price to book ratio is 8.42.
