Eco Wave Power Stock Today
| WAVE Stock | USD 9.09 0.31 3.30% |
PerformanceWeak
| Odds Of DistressLow
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Eco Wave is trading at 9.09 as of the 16th of February 2025, a 3.3% down since the beginning of the trading day. The stock's lowest day price was 8.81. Eco Wave has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain Software & Services | IPO Date 1st of July 2021 | Category Utilities | Classification Information Technology |
Eco Wave Power Global AB , a wave energy company, engages in the development of a wave energy conversion technology that converts ocean and sea waves into clean electricity. Eco Wave Power Global AB was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. The company has 5.83 M outstanding shares of which 19.77 K shares are at this time shorted by private and institutional investors with about 0.86 trading days to cover. More on Eco Wave Power
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Eco Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Utilities - Renewable, Information Technology, Stock Exchange Of, CAC All Shares, NASDAQ Composite, CAC All-Tradable, CAC Technology, Utilities, Information Technology, Software, Utilities—Renewable, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsEco Wave can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eco Wave's financial leverage. It provides some insight into what part of Eco Wave's total assets is financed by creditors.
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Eco Wave Power (WAVE) is traded on NASDAQ Exchange in USA. It is located in 52 Derech Menachem Begin Street, Tel Aviv, Israel, 6713701 and employs 12 people. Eco Wave is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 43.82 M. Eco Wave Power conducts business under Software sector and is part of Information Technology industry. The entity has 5.83 M outstanding shares of which 19.77 K shares are at this time shorted by private and institutional investors with about 0.86 trading days to cover.
Eco Wave Power currently holds about 12.32 M in cash with (2.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
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Ownership AllocationThe market capitalization of Eco Wave Power is $43.82 Million. Roughly 98.86 percent of Eco Wave outstanding shares are held by general public with 1.14 % by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Eco Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Veracity Capital Llc | 2024-12-31 | 35.6 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 12.9 K | |
| Ipg Investment Advisors, Llc | 2024-09-30 | 11.5 K | |
| Citadel Advisors Llc | 2024-09-30 | 11.2 K | |
| Blackrock Inc | 2024-09-30 | 4.2 K | |
| Wells Fargo & Co | 2024-09-30 | 600 | |
| Ubs Group Ag | 2024-09-30 | 171 | |
| Rhumbline Advisers | 2024-12-31 | 63.0 | |
| New England Capital Financial Advisors Llc | 2024-12-31 | 50.0 |
Eco Wave Historical Income Statement
Eco Stock Against Markets
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The danger of trading Eco Wave Power is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eco Wave is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eco Wave. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eco Wave Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Wave. If investors know Eco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets | Return On Equity |
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.