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Eco Wave Power Global AB (publ) (WAVE) Competitors

$3.20
-0.20 (-5.88%)
(As of 05/24/2024 04:00 PM ET)

WAVE vs. OPTT, HLGN, EPOW, SPI, ROCG, HUSA, LITM, MTR, ICD, and NCNC

Should you be buying Eco Wave Power Global AB (publ) stock or one of its competitors? The main competitors of Eco Wave Power Global AB (publ) include Ocean Power Technologies (OPTT), Heliogen (HLGN), Sunrise New Energy (EPOW), SPI Energy (SPI), Roth CH Acquisition IV (ROCG), Houston American Energy (HUSA), Snow Lake Resources (LITM), Mesa Royalty Trust (MTR), Independence Contract Drilling (ICD), and noco-noco (NCNC). These companies are all part of the "oils/energy" sector.

Eco Wave Power Global AB (publ) vs.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, community ranking, earnings, valuation, risk and media sentiment.

Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eco Wave Power Global AB (publ)$310K57.29-$1.71M-$0.35-9.14
Ocean Power Technologies$2.73M4.18-$26.33M-$0.52-0.37

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 0.9% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eco Wave Power Global AB (publ)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Ocean Power Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Eco Wave Power Global AB (publ) had 1 more articles in the media than Ocean Power Technologies. MarketBeat recorded 1 mentions for Eco Wave Power Global AB (publ) and 0 mentions for Ocean Power Technologies. Eco Wave Power Global AB (publ)'s average media sentiment score of 0.94 beat Ocean Power Technologies' score of 0.52 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.

Company Overall Sentiment
Eco Wave Power Global AB (publ) Positive
Ocean Power Technologies Positive

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -614.25%. Eco Wave Power Global AB (publ)'s return on equity of -21.76% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Eco Wave Power Global AB (publ)N/A -21.76% -16.99%
Ocean Power Technologies -614.25%-86.93%-69.96%

Eco Wave Power Global AB (publ) has a beta of -0.95, suggesting that its stock price is 195% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.14, suggesting that its stock price is 114% more volatile than the S&P 500.

Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.

CompanyUnderperformOutperform
Eco Wave Power Global AB (publ)N/AN/A
Ocean Power TechnologiesOutperform Votes
209
74.38%
Underperform Votes
72
25.62%

Summary

Eco Wave Power Global AB (publ) beats Ocean Power Technologies on 8 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WAVE vs. The Competition

MetricEco Wave Power Global AB (publ)Electric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$17.76M$13.46B$7.09B$8.02B
Dividend YieldN/A4.63%11.65%3.96%
P/E Ratio-9.1413.9512.6314.25
Price / Sales57.293.0987.3765.35
Price / CashN/A8.5111.5328.77
Price / Book2.271.773.304.61
Net Income-$1.71M$664.86M$915.89M$212.09M
7 Day Performance-4.19%0.72%4.51%1.04%
1 Month Performance16.79%8.50%7.97%5.85%
1 Year Performance0.31%10.58%8.35%9.06%

Eco Wave Power Global AB (publ) Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
0 of 5 stars
$0.20
+5.3%
N/A-63.0%$11.77M$2.73M-0.3872Gap Up
HLGN
Heliogen
0 of 5 stars
$1.93
+4.3%
N/A-75.3%$11.41M$4.45M-0.09144
EPOW
Sunrise New Energy
0 of 5 stars
$0.73
flat
N/A-58.4%$18.49M$38.13M0.0048Gap Up
SPI
SPI Energy
0 of 5 stars
$0.57
+9.7%
N/A-54.4%$17.86M$209.53M-0.64316Gap Down
High Trading Volume
ROCG
Roth CH Acquisition IV
0 of 5 stars
$1.14
+5.6%
N/A-88.7%$16.91MN/A0.002,021Gap Up
HUSA
Houston American Energy
0 of 5 stars
$1.45
-4.0%
N/AN/A$15.82M$790,000.00-4.832
LITM
Snow Lake Resources
0 of 5 stars
$0.85
-5.6%
N/A-68.0%$15.37MN/A0.001Gap Down
MTR
Mesa Royalty Trust
0.715 of 5 stars
$8.24
+0.9%
N/A-61.2%$15.23M$3.28M5.39N/ADividend Cut
Gap Down
ICD
Independence Contract Drilling
0.2667 of 5 stars
$1.47
-5.2%
N/A-49.8%$22.36M$192.99M-0.45450Gap Down
NCNC
noco-noco
0 of 5 stars
$0.17
-5.7%
N/AN/A$22.51MN/A0.0012Gap Up

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This page (NASDAQ:WAVE) was last updated on 5/27/2024 by MarketBeat.com Staff

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