Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Energous Corp’s current trading price is -43.27% away from its 52-week high, while its distance from the 52-week low is 456.58%. The stock’s price range during this period has varied between $0.28 and $2.75. The company, active in the Technology sector, saw a trading volume of around 152.46 million for the day, considerably higher average daily volume of 0.53 million observed over the last three months.
Energous Corp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $2.75 on 02/15/24, and the lowest price during the same period was recorded at $0.28 on 12/20/24.
How Financial Performance Impacts Market Capitalization
Energous Corp (WATT) has experienced a quarterly rise of 163.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.83M and boasts a workforce of 37 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6025, with a change in price of +0.7507. Similarly, Energous Corp recorded 1,876,537 in trading volume during the last 100 days, posting a change of +83.58%.
How WATT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WATT stands at 1.79. Similarly, the long-term debt-to-equity ratio is also 0.00.
WATT Stock Stochastic Average
As of today, the raw stochastic average of Energous Corp over the past 50 days is 78.67%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 78.67%. Additionally, the Stochastic %K and %D values for the company were 59.77% and 47.02%, respectively, over the past 20 days.
WATT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -14.75%.However, over the last six months, we can see a weaker performance of 43.13%. Over the last 30 days, the price of WATT has fallen by 231.58%. And in the last five days, it has surged by 436.12%.
