Energous Corp. (WATT) Catches Eye: Stock Surges 29.8% - Tale of the Tape
Energous Corporation (WATT) was a big mover last session, as the company saw its shares rise nearly 30% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.98 to $8.29 in the past one-month time frame.
None of the estimates for this Mach-electrical stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Energous has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is II-VI Incorporated (IIVI), sporting a Zacks Rank #1 (Strong Buy).
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ENERGOUS CORP (WATT): Free Stock Analysis Report
II-VI INCORP (IIVI): Free Stock Analysis Report
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