Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 426,400 shares, an increase of 47,277.8% from the March 31st total of 900 shares. Currently, 8.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is currently 0.4 days.
Eco Wave Power Global AB (publ) Stock Down 4.7 %
Shares of NASDAQ:WAVE traded down $0.16 during trading hours on Thursday, reaching $3.24. The stock had a trading volume of 28,558 shares, compared to its average volume of 836,688. Eco Wave Power Global AB has a 1 year low of $1.01 and a 1 year high of $4.94. The firm’s 50 day moving average is $1.91 and its 200-day moving average is $1.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.11 and a current ratio of 4.11. The stock has a market capitalization of $17.98 million, a price-to-earnings ratio of -9.71 and a beta of -0.21.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) last posted its earnings results on Friday, March 29th. The company reported ($0.16) EPS for the quarter. The company had revenue of $0.28 million for the quarter.
About Eco Wave Power Global AB (publ)
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. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company.
Further Reading
- Five stocks we like better than Eco Wave Power Global AB (publ)
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Hasbro’s Management Made All the Right Calls This Quarter
- High Flyers: 3 Natural Gas Stocks for March 2022
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Eco Wave Power Global AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eco Wave Power Global AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.