WAVE vs. OPTT, HLGN, HUSA, SPI, ROCG, LITM, EPOW, MTR, MXC, and ALCE
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), Houston American Energy (HUSA), SPI Energy (SPI), Roth CH Acquisition IV (ROCG), Snow Lake Resources (LITM), Sunrise New Energy (EPOW), Mesa Royalty Trust (MTR), Mexco Energy (MXC), and Alternus Clean Energy (ALCE). These companies are all part of the "oils/energy" sector.
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 superior stock? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, profitability, dividends, valuation, earnings, community ranking, risk and analyst recommendations.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
In the previous week, Eco Wave Power Global AB (publ) and Eco Wave Power Global AB (publ) both had 3 articles in the media. Eco Wave Power Global AB (publ)'s average media sentiment score of 1.29 beat Ocean Power Technologies' score of 0.67 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.
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.
0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 0.9% of Ocean Power Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
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 -20.32% beat Ocean Power Technologies' return on equity.
Eco Wave Power Global AB (publ) has a beta of -0.95, meaning that its share price is 195% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.14, meaning that its share price is 114% more volatile than the S&P 500.
Summary
Eco Wave Power Global AB (publ) beats Ocean Power Technologies on 7 of the 13 factors compared between the two stocks.
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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.
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.
Eco Wave Power Global AB (publ) Competitors List
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