Eco Wave Power Global AB (publ) (NASDAQ:WAVE - Get Free Report)'s share price rose 6.8% on Friday . The company traded as high as $11.65 and last traded at $11.30. Approximately 66,149 shares changed hands during trading, a decline of 79% from the average daily volume of 315,359 shares. The stock had previously closed at $10.58.
Eco Wave Power Global AB (publ) Stock Performance
The firm has a market cap of $62.72 million, a price-to-earnings ratio of -26.28 and a beta of -0.66. The firm's 50 day moving average is $8.25 and its 200-day moving average is $5.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.26 and a current ratio of 3.26.
Institutional Investors Weigh In On Eco Wave Power Global AB (publ)
A hedge fund recently bought a new stake in Eco Wave Power Global AB (publ) stock. Catalina Capital Group LLC acquired a new position in Eco Wave Power Global AB (publ) (NASDAQ:WAVE - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,099 shares of the company's stock, valued at approximately $113,000. Catalina Capital Group LLC owned about 0.34% of Eco Wave Power Global AB (publ) at the end of the most recent quarter. Institutional investors and hedge funds own 0.57% of the company's stock.
About Eco Wave Power Global AB (publ)
(
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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. 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.
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