In other news, VP Neeraj Sahejpal sold 2,846 shares of the stock in a transaction that occurred on Monday, November 13th. Ameritas Invest Ptnrs has 0% invested in Energous Corporation (NASDAQ:WATT). Finally, Zacks Investment Research lowered shares of Energous from a "hold" rating to a "sell" rating in a report on Tuesday, November 14th.
Shares of Energous Corporation are presently 325.79% off the 52 week low. Leabman Michael Aaron sold $97,933 worth of stock or 10,515 shares. Accern also gave media stories about the industrial products company an impact score of 46.4465074667355 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. Trading volume may be a very important factor for any investor. Tightening the gaze, stock performance for the last 5 trading days is 155.94%. About 23.99M shares traded or 2148.17% up from the average. The stock has "Buy" rating by Oppenheimer on Monday, September 21. The firm earned "Buy" rating on Monday, December 7 by Ladenburg Thalmann. More interesting news about Energous Corporation (NASDAQ:WATT) were released by: Streetinsider.com and their article: "UPDATE: Energous Corp (WATT) PT Raised to $45.80 at Roth Capital, Street High ..." published on December 28, 2017 as well as Livetradingnews.com's news article titled: "Energous Corp (NASDAQ:WATT) Skyrockets Up 168.10%" with publication date: December 28, 2017. Oppenheimer maintained the stock with "Outperform" rating in Saturday, August 22 report. Oppenheimer downgraded the stock to "Perform" rating in Tuesday, January 24 report. The rating was maintained by Roth Capital with "Buy" on Thursday, December 28. Near Field transmitters would be the smallest and cheapest wireless charging option; embedded into a laptop or a piece of furniture, it could replace a USB cable to charge a mobile device.
Two competing technologies for delivering wireless charging over the air have been given regulatory nods by the Federal Communications Commission to begin manufacturing and selling wireless power chargers in the United States. For instance, if Dialog were to exercise its warrants, it would bring in $26 million or enough to carry the company through to the point where is generating free cash under our model. Energous had a negative net margin of 4,203.27% and a negative return on equity of 263.95%. analysts forecast that Energous will post -2.18 EPS for the current fiscal year. It develops WattUp, a wire-free charging technology that charges electronic devices by surrounding them with a contained three dimensional radio frequency energy pocket.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.