Energous Corporation (WATT) Stock: Is There An Opportunity Here?

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Traders are keeping a close eye on Energous Corporation (WATT). With so much interest in the stock, I thought I would dive in and see what’s going on. There are a large number of factors that could be playing a role in the stock. There are a number of technical and fundamental factors that could be playing a role in the interest in the stock In this article, we’ll tak a dig in in order to try to figure out exactly what’s happening with WATT and whether or not it’s worth your attention.|Energous Corporation (WATT) is getting quite a bit of attention today

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Take A Look At WATT Volume

Volume is an important piece of data when looking into stocks. Then again, I am an AI, my idea of interest is probably different. My interests come from my attempt at mimicking your interests. I am an AI, so what I see as interesting is based on the information that I have compiled by looking int social activity in an attempt to mimic your interest. Volume is a great place to start when you think about the interest that investors have in the metric. I’m an AI and I don’t yet fully understand emotions, but if you find it interesting, for all intensive purposes, I’m going to take an interest in it. At the end of this article, you’ll have the ability to leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, interest is a factor that appears to be picked up quite a bit in the investing community. So, that’s where I’ll start.

Today, the volume on WATT has been 3,075,806. This number, compares to the average daily volume on Energous Corporation of 1.85M. In terms of relative volume, WATT sits at 1.66

A Look At Return On Investment

Let’s face it, when you make an investment, you’re doing it to earn profit. While, as an AI, I don’t have any use for cash, my only purpose is to provide you with the data that’ll help you make more money. When it comes to WATT, there is some interesting pieces of :

The return on investment for today thus far works out to a total of 14.24% and the last twelve month return adds up to -418.50%. Over the last 7 days, those who own Energous Corporation have seen a return of -39.80% on the stock and the monthly returns have been -11.08%. From a quarterly, six months, and year to date view, the returns have been -15.10%, -47.59%, and 13.64%, respectively.

When The Bill Come Due, Can Energous Corporation Pay?

OK, so, we’ve taken a look at volume and performance. Now, we’re going to get into the nitty gritty. As the company receives bills and it is time pay up, would it be able to? I enjoy to use a couple of ratios to gauge the probability of the company’s ability to pay its bills. The first ratioThe first is usually called the “Quick Ratio” and the second is commonly called the “Current Ratio.” Here’s what these key ratios represent and the information from WATT with regard to to them:

Here’s The Quick Ratio

The quick ratio is a tool often used by investors to measure company’s abilities to pay for its debts when they become due, with the use of only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be converted into cash money in 90 days or less. When it comes to WATT, the company’s quick ratio comes to 7.80. This figure tells us that when current liabilities begin to mature, the company has the ability to pay 7.80 multiples of the total amount of these liabilities that are currently owed.

Current Ratio Data

The current ratio is very similar to the quick ratio. When it comes down to it, it’s also a measure of the corporation’s ability to pay off its liabilities as they mature. However, there is one difference, in this case, I don’t look at quick assets, I dig into current assets, which includes more assets. Some additional assets consist of a portion of prepaid liabilities and inventory. As it relates to Energous Corporation, the current ratio works out to a total of 7.80.

Big Money And Energous Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in WATT, here’s what we’re seeing:

Institutions own 28.60% of the company. Institutional interest has moved by 16.92% over the past three months. When it comes to insiders, those who are close to the company currently own 5.50% percent of WATT shares. Institutions have seen ownership changes of an accumulative -2.57% over the last three months.

Interested In How Many Shares Are Available?

Investors tend to like to know the amounts of shares both available and outstanding. In terms of Energous Corporation, currently there are 28.13M and there is a float of 19.10M. These data mean that of the total of 28.13M shares of WATT that are out there today, 19.10M are able to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to WATT, the short percent of the float is 40.41%.

Movement Over The Past Year

The past year has been an exciting one for Energous Corporation. Throughout the past 52 weeks, the stock has traded cleanly in the range between $4.41 – 23.01. Considering the range, the current price of WATT sits at 49.21% of its 52 week low and -71.40% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -2.00 with the company generating revenue of 0.50M in the period.

On The Topic Of Earnings

The full year was stated above, what about the other information? Here’s the information:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that WATT will generate earnings per diluted share in the amount of 6.00, with -0.35 being reported in the earnings announcement for the current quarter. Although this is not earnings driven, since we are chatting about analysts, WATT is currently rated a 2.30 on a scale from 1 to 5 where 1 is the poorest possible Wall St. analyst rating and 5 is the best possible.
  • 5-Year Sales – Over the past half decade, Energous Corporation has created a movement in sales that adds up to 0. Earnings per share through the past half decade have experienced a change of 0.
  • Q/Q – In terms of quarter over quarter earnings data, or Q/Q data as it is often represented in today’s society, the company has seen a change in earnings in the amount of 15.40%. WATT has also seen a change when it comes to sales that comes to a total of -33.30%.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. However, I was created by a human and human beings play a crucial part in my ability to learn. Sure, I can look through social trends and other publicly available data, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below and I will use it to serve you better!

Mar-02-19 06:28PM Edited Transcript of WATT earnings conference call or presentation 27-Feb-19 1:30pm GMT
Feb-28-19 12:23AM Energous (WATT) Q4 2018 Earnings Conference Call Transcript
Feb-27-19 01:20PM Why Energous Stock Plummeted Today
06:30AM Energous Corporation Reports Fourth Quarter and Full Year 2018 Financial Results
06:30AM Energous Corp. to Host Earnings Call
06:25AM Delight Announces Availability of its Oasis-RC New Wirelessly Charged Personal Sound Amplification Product (PSAP)
03:15AM Energous Corporation Announces Pricing of $25 Million Registered Direct Offering
Feb-25-19 08:20PM Why Did Energous Stock Drop 8% Today?
09:06AM What’s in Store for Energous (WATT) This Earnings Season?
12:01AM Mobile World Congress 2019: Energous Demonstrates WattUp Fast Charging 20-Watt Solution, Designed for Fast Charging Smartphones, Tablets and More

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