Eco Wave Power Global AB (publ) (NASDAQ:WAVE - Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 61,700 shares, an increase of 120.4% from the September 30th total of 28,000 shares. Approximately 1.2% of the company's stock are sold short. Based on an average daily volume of 44,900 shares, the days-to-cover ratio is currently 1.4 days.
Eco Wave Power Global AB (publ) Stock Up 5.3 %
WAVE stock traded up $0.46 during mid-day trading on Friday, reaching $9.20. The company had a trading volume of 40,510 shares, compared to its average volume of 345,704. The firm has a fifty day simple moving average of $5.10 and a 200 day simple moving average of $3.81. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.46 and a current ratio of 3.46. The company has a market capitalization of $51.06 million, a price-to-earnings ratio of -25.56 and a beta of -0.62. Eco Wave Power Global AB has a fifty-two week low of $1.01 and a fifty-two week high of $12.39.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE - Get Free Report) last issued its earnings results on Thursday, August 29th. The company reported ($0.09) earnings per share for the quarter.
Eco Wave Power Global AB (publ) Company Profile
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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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