Energous Corp (NASDAQ:WATT) shares, rose in value on Wednesday, July 09, with the stock price up by 8.77% to the previous day’s close as strong demand from buyers drove the stock to $0.31.
Actively observing the price movement in the last trading, the stock closed the session at $0.28, falling within a range of $0.2859 and $0.3154. The value of beta (5-year monthly) was 0.738. Referring to stock’s 52-week performance, its high was $2.70, and the low was $0.12. On the whole, WATT has fluctuated by 8.85% over the past month.
With the market capitalization of Energous Corp currently standing at about $10.58 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-27.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WATT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of WATT currently trading nearly 12.27% and 11.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.04, while the 7-day volatility ratio is showing 6.67% which for the 30-day chart, stands at 6.55%. Furthermore, Energous Corp (WATT)’s beta value is 0.69.
A comparison of Energous Corp (WATT) with its peers suggests the former has fared considerably weaker in the market. WATT showed an intraday change of 8.77% in last session, and over the past year, it shrunk by -69.31%%.
Data on historical trading for Energous Corp (NASDAQ:WATT) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 1.14 million. According to company’s latest data on outstanding shares, there are 34.14 million shares outstanding.
Nearly 0.78% of Energous Corp’s shares belong to company insiders and institutional investors own 1.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.2 million shares as on 2025-06-13, resulting in a short ratio of 0.62. According to the data, the short interest in Energous Corp (WATT) stood at 351.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 2.93 million. The stock has fallen by -71.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WATT stock heading into the next quarter.
