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Eco Wave Power Global NasdaqCM:WAVE Stock Report

Last Price

US$1.04

Market Cap

US$6.0m

7D

-10.4%

1Y

-63.4%

Updated

26 Mar, 2024

Data

Company Financials

Eco Wave Power Global AB (publ)

NasdaqCM:WAVE Stock Report

Market Cap: US$6.0m

WAVE Stock Overview

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.

WAVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Eco Wave Power Global AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eco Wave Power Global
Historical stock prices
Current Share PriceUS$1.04
52 Week HighUS$3.33
52 Week LowUS$1.01
Beta-0.16
1 Month Change-29.73%
3 Month Change-17.72%
1 Year Change-63.38%
3 Year Changen/a
5 Year Changen/a
Change since IPO-90.41%

Recent News & Updates

Recent updates

Eco Wave Power Global GAAP EPS of $0.03, revenue of $0.02M

Sep 27

Eco Wave Power: An Early Investment Opportunity In A Burgeoning Industry

Aug 29

Eco Wave Power Is Ready To Lead The Way For Ocean Wave Energy As A Commercial Renewable Energy Source

Apr 21

Shareholder Returns

WAVEUS Renewable EnergyUS Market
7D-10.4%4.9%0.6%
1Y-63.4%3.8%29.5%

Return vs Industry: WAVE underperformed the US Renewable Energy industry which returned 3.3% over the past year.

Return vs Market: WAVE underperformed the US Market which returned 29.8% over the past year.

Price Volatility

Is WAVE's price volatile compared to industry and market?
WAVE volatility
WAVE Average Weekly Movement11.4%
Renewable Energy Industry Average Movement6.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: WAVE's share price has been volatile over the past 3 months.

Volatility Over Time: WAVE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201112Inna Bravermanhttps://www.ecowavepower.com

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. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts.

Eco Wave Power Global AB (publ) Fundamentals Summary

How do Eco Wave Power Global's earnings and revenue compare to its market cap?
WAVE fundamental statistics
Market capUS$6.05m
Earnings (TTM)-US$1.94m
Revenue (TTM)US$27.00k

213.8x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAVE income statement (TTM)
RevenueUS$27.00k
Cost of RevenueUS$19.00k
Gross ProfitUS$8.00k
Other ExpensesUS$1.95m
Earnings-US$1.94m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin29.63%
Net Profit Margin-7,192.59%
Debt/Equity Ratio13.5%

How did WAVE perform over the long term?

See historical performance and comparison
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