WAVE vs. OPTT, HLGN, ROCG, HUSA, SPI, HGAS, VVPR, MTR, LITM, and EPOW
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), Roth CH Acquisition IV (ROCG), Houston American Energy (HUSA), SPI Energy (SPI), Global Gas (HGAS), VivoPower International (VVPR), Mesa Royalty Trust (MTR), Snow Lake Resources (LITM), and Sunrise New Energy (EPOW). These companies are all part of the "oils/energy" sector.
Ocean Power Technologies (NASDAQ:OPTT) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings, community ranking, media sentiment and valuation.
Eco Wave Power Global AB (publ) has lower revenue, but higher earnings 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.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -614.25%. Ocean Power Technologies' return on equity of -20.32% beat Eco Wave Power Global AB (publ)'s return on equity.
Ocean Power Technologies has a beta of 2.03, suggesting that its share price is 103% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.21, suggesting that its share price is 121% less volatile than the S&P 500.
In the previous week, Ocean Power Technologies had 3 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 5 mentions for Ocean Power Technologies and 2 mentions for Eco Wave Power Global AB (publ). Ocean Power Technologies' average media sentiment score of 0.66 beat Eco Wave Power Global AB (publ)'s score of 0.51 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 0.9% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Ocean Power Technologies and Eco Wave Power Global AB (publ) tied by winning 7 of the 14 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.
Skip ChartThis 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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