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NASDAQ:WAVE

Eco Wave Power Global AB (publ) (WAVE) Stock Price, News & Analysis

Eco Wave Power Global AB (publ) logo
$8.95
-1.03 (-10.32%)
(As of 10/31/2024 ET)

About Eco Wave Power Global AB (publ) Stock (NASDAQ:WAVE)

Key Stats

Today's Range
$8.80
$10.33
50-Day Range
$3.37
$10.50
52-Week Range
$1.01
$12.39
Volume
95,309 shs
Average Volume
340,791 shs
Market Capitalization
$49.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Eco Wave Power Global AB (publ) Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
19th Percentile Overall Score

WAVE MarketRank™: 

Eco Wave Power Global AB (publ) scored higher than 19% of companies evaluated by MarketBeat, and ranked 250th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Eco Wave Power Global AB (publ) is -25.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Eco Wave Power Global AB (publ) is -25.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Eco Wave Power Global AB (publ) has a P/B Ratio of 6.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Eco Wave Power Global AB (publ)'s valuation and earnings.
  • Percentage of Shares Shorted

    1.16% of the float of Eco Wave Power Global AB (publ) has been sold short.
  • Short Interest Ratio / Days to Cover

    Eco Wave Power Global AB (publ) has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eco Wave Power Global AB (publ) has recently increased by 120.36%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Eco Wave Power Global AB (publ) does not currently pay a dividend.

  • Dividend Growth

    Eco Wave Power Global AB (publ) does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.16% of the float of Eco Wave Power Global AB (publ) has been sold short.
  • Short Interest Ratio / Days to Cover

    Eco Wave Power Global AB (publ) has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Eco Wave Power Global AB (publ) has recently increased by 120.36%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Eco Wave Power Global AB (publ) has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Eco Wave Power Global AB (publ) this week, compared to 0 articles on an average week.
  • Search Interest

    6 people have searched for WAVE on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added Eco Wave Power Global AB (publ) to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Eco Wave Power Global AB (publ) insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    31.30% of the stock of Eco Wave Power Global AB (publ) is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 0.57% of the stock of Eco Wave Power Global AB (publ) is held by institutions.

  • Read more about Eco Wave Power Global AB (publ)'s insider trading history.
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WAVE Stock News Headlines

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WAVE Stock Analysis - Frequently Asked Questions

Eco Wave Power Global AB (publ)'s stock was trading at $1.24 on January 1st, 2024. Since then, WAVE shares have increased by 636.3% and is now trading at $9.13.
View the best growth stocks for 2024 here
.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) posted its earnings results on Thursday, August, 29th. The company reported ($0.09) earnings per share for the quarter.

Eco Wave Power Global AB (publ) (WAVE) raised $9 million in an initial public offering (IPO) on Thursday, July 1st 2021. The company issued 818,181 shares at $10.00-$12.00 per share.

Eco Wave Power Global AB (publ)'s top institutional investors include Catalina Capital Group LLC (0.34%).

Shares of WAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Eco Wave Power Global AB (publ) investors own include Sangamo Therapeutics (SGMO), Salesforce (CRM), Johnson & Johnson (JNJ), Lowe's Companies (LOW), Merck & Co., Inc. (MRK), AbbVie (ABBV) and Chevron (CVX).

Company Calendar

Last Earnings
8/29/2024
Today
10/31/2024
Next Earnings (Estimated)
12/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:WAVE
Fax
N/A
Employees
12
Year Founded
N/A

Profitability

Net Income
$-1,710,000.00
Pretax Margin
-661.77%

Debt

Sales & Book Value

Annual Sales
$306,000.00
Book Value
$1.41 per share

Miscellaneous

Free Float
N/A
Market Cap
$50.66 million
Optionable
Not Optionable
Beta
-0.62
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This page (NASDAQ:WAVE) was last updated on 10/31/2024 by MarketBeat.com Staff
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