Energous Corp (NASDAQ:WATT) price on Friday, April 11, rose 4.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.28.
A look at the stock’s price movement, the close in the last trading session was $0.27, moving within a range at $0.2721 and $0.2949. The beta value (5-Year monthly) was 2.336. Turning to its 52-week performance, $2.70 and $0.12 were the 52-week high and 52-week low respectively. Overall, WATT moved -8.62% over the past month.
Energous Corp’s market cap currently stands at around $8.65 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WATT is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend WATT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WATT’s current price about -1.04% and -17.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.43, while 7-day volatility ratio is 35.89% and 15.25% in the 30-day chart. Further, Energous Corp (WATT) has a beta value of 0.70, and an average true range (ATR) of 0.04.
If we refocus on Energous Corp (NASDAQ:WATT), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 940.13K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.44 million shares.
The 0.78% of Energous Corp’s shares are in the hands of company insiders while institutional holders own 1.36% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.32 million on 2025-03-14, giving us a short ratio of 1.74. The data shows that as of 2025-03-14 short interest in Energous Corp (WATT) stood at 432.0 of shares outstanding, with shares short falling to 1.32 million registered in 2025-02-14. Current price change has pushed the stock -71.88% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WATT stock continues to rise going into the next quarter.
