WAVE vs. OPTT, HLGN, HUSA, SPI, ROCG, LITM, EPOW, MTR, MXC, and ALCE
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 Ocean Power Technologies (OPTT), Heliogen (HLGN), Houston American Energy (HUSA), SPI Energy (SPI), Roth CH Acquisition IV (ROCG), Snow Lake Resources (LITM), Sunrise New Energy (EPOW), Mesa Royalty Trust (MTR), Mexco Energy (MXC), and Alternus Clean Energy (ALCE). These companies are all part of the "oils/energy" sector.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, dividends, valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability and institutional ownership.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -614.25%. Eco Wave Power Global AB (publ)'s return on equity of -20.32% beat Ocean Power Technologies' return on equity.
Ocean Power Technologies received 209 more outperform votes than Eco Wave Power Global AB (publ) when rated by MarketBeat users.
Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, Ocean Power Technologies had 1 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 3 mentions for Ocean Power Technologies and 2 mentions for Eco Wave Power Global AB (publ). Ocean Power Technologies' average media sentiment score of 0.67 beat Eco Wave Power Global AB (publ)'s score of 0.49 indicating that Ocean Power Technologies is being referred to more favorably in the news media.
Eco Wave Power Global AB (publ) has a beta of -0.95, suggesting that its stock price is 195% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.14, suggesting that its stock price is 114% more volatile than the S&P 500.
0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Comparatively, 0.9% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Eco Wave Power Global AB (publ) and Ocean Power Technologies tied by winning 7 of the 14 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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