Energous (NASDAQ:WATT) Releases Earnings Results

Energous (NASDAQ:WATTGet Free Report) posted its quarterly earnings data on Thursday. The industrial products company reported ($0.33) earnings per share for the quarter, Zacks reports. Energous had a negative return on equity of 317.56% and a negative net margin of 4,368.98%.

Energous Stock Performance

Shares of NASDAQ:WATT traded up $0.01 during midday trading on Thursday, reaching $0.37. The company’s stock had a trading volume of 768,395 shares, compared to its average volume of 3,065,789. The firm has a 50 day moving average price of $0.57 and a two-hundred day moving average price of $0.59. Energous has a fifty-two week low of $0.28 and a fifty-two week high of $2.70. The firm has a market capitalization of $11.14 million, a price-to-earnings ratio of -0.12 and a beta of 2.31.

About Energous

(Get Free Report)

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.

See Also

Earnings History for Energous (NASDAQ:WATT)

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