Energous Stock Price Crosses Below Two Hundred Day Moving Average Heres Why
| WATT Stock | USD 0.28 0 0.93% |
Slightly above 53% of Energous' investor base is interested to short. The analysis of overall sentiment of trading Energous stock suggests that many investors are impartial at this time. Energous' investing sentiment can be driven by a variety of factors including economic data, Energous' earnings reports, geopolitical events, and overall market trends.
Energous Co. shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of 1.05 and traded as low as 0.59. Energous shares last traded at 0.60, with a volume of 34,836 shares changing hands. Energous Stock Performance The firm has a
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Energous Fundamental Analysis
We analyze Energous' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energous using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energous based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Energous is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Energous Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Energous stock to make a market-neutral strategy. Peer analysis of Energous could also be used in its relative valuation, which is a method of valuing Energous by comparing valuation metrics with similar companies.
Peers
Energous Related Equities
| BKSY | Blacksky Technology | 11.45 | ||||
| KRKNF | Kraken Robotics | 2.25 | ||||
| SOBR | Sobr Safe | 1.60 | ||||
| GNSS | Genasys | 0.61 | ||||
| NSCIF | Nanalysis Scientific | 0.00 | ||||
| ESE | ESCO Technologies | 0.38 | ||||
| FCUV | Focus Universal | 1.02 | ||||
| COHR | Coherent | 3.62 | ||||
| SVRE | SaverOne 2014 | 5.00 |
Additional Tools for Energous Stock Analysis
When running Energous' price analysis, check to measure Energous' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energous is operating at the current time. Most of Energous' value examination focuses on studying past and present price action to predict the probability of Energous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energous' price. Additionally, you may evaluate how the addition of Energous to your portfolios can decrease your overall portfolio volatility.