Energous Co. (NASDAQ:WATT – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.64 and traded as low as $0.42. Energous shares last traded at $0.43, with a volume of 755,988 shares traded.
Energous Trading Down 4.5 %
The stock’s 50 day moving average is $0.56 and its 200 day moving average is $0.64. The stock has a market capitalization of $4.30 million, a price-to-earnings ratio of -0.14 and a beta of 2.31.
Energous (NASDAQ:WATT – Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The industrial products company reported ($0.50) EPS for the quarter, beating the consensus estimate of ($0.74) by $0.24. Energous had a negative net margin of 4,368.98% and a negative return on equity of 317.56%. The business had revenue of $0.23 million for the quarter. On average, sell-side analysts anticipate that Energous Co. will post -3.01 EPS for the current year.
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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