At the time of writing, Energous Corp [WATT] stock is trading at $0.44, down -5.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The WATT shares have gain 10.50% over the last week, with a monthly amount drifted -23.79%, 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.
For the past year, the stock price of Energous Corp fluctuated between $0.28 and $2.75. Energous Corp [NASDAQ: WATT] shares were valued at $0.44 at the most recent close of the market.
Analyzing the WATT fundamentals
According to Energous Corp [NASDAQ:WATT], the company’s sales were 0.43M for trailing twelve months, which represents an 36.33% jump. 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 0.4232 points at the first support level, and at 0.4045 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4575, and for the 2nd resistance point, it is at 0.4731.
Ratios To Look Out For
It is important to note that Energous Corp [NASDAQ:WATT] has a current ratio of 0.81. On the other hand, the Quick Ratio is 0.60, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 32.54, the price to book ratio is 7.92.
