WAVE vs. SPRU, HLGN, OPTT, SO, CEG, AEP, D, VST, EIX, and DTE
Should you be buying Eco Wave Power Global AB (publ) stock or one of its competitors? The main competitors of Eco Wave Power Global AB (publ) include Spruce Power (SPRU), Heliogen (HLGN), Ocean Power Technologies (OPTT), Southern (SO), Constellation Energy (CEG), American Electric Power (AEP), Dominion Energy (D), Vistra (VST), Edison International (EIX), and DTE Energy (DTE). These companies are all part of the "electric services" industry.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Spruce Power (NYSE:SPRU) are both small-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their community ranking, valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Spruce Power's net margin of -61.34%. Spruce Power's return on equity of -7.07% beat Eco Wave Power Global AB (publ)'s return on equity.
0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Comparatively, 9.5% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Spruce Power. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
Eco Wave Power Global AB (publ) and Spruce Power both received 0 outperform votes by MarketBeat users.
In the previous week, Spruce Power had 2 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 7 mentions for Spruce Power and 5 mentions for Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ)'s average media sentiment score of 0.72 beat Spruce Power's score of 0.54 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.
Eco Wave Power Global AB (publ) has a beta of -0.95, indicating that its share price is 195% less volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500.
Summary
Spruce Power beats Eco Wave Power Global AB (publ) on 7 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WAVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Eco Wave Power Global AB (publ) Competitors List
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