Energous Co. (NASDAQ:WATT – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.26 and traded as low as $0.57. Energous shares last traded at $0.59, with a volume of 228,550 shares changing hands.
Energous Stock Up 3.4 %
The company has a market cap of $4.02 million, a PE ratio of -0.16 and a beta of 2.63. The company has a 50-day moving average of $0.84 and a 200-day moving average of $1.26.
Energous (NASDAQ:WATT – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The industrial products company reported ($0.73) earnings per share for the quarter, topping the consensus estimate of ($0.87) by $0.14. The business had revenue of $0.05 million for the quarter, compared to analysts’ expectations of $0.14 million. Energous had a negative return on equity of 203.70% and a negative net margin of 5,276.82%. As a group, equities analysts predict that Energous Co. will post -3.01 EPS for the current year.
Institutional Trading of Energous
About Energous
Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.
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