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.
Spruce Power (NYSE:SPRU) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, community ranking, valuation, institutional ownership, analyst recommendations and media sentiment.
In the previous week, Spruce Power had 4 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 8 mentions for Spruce Power and 4 mentions for Eco Wave Power Global AB (publ). Spruce Power's average media sentiment score of 0.95 beat Eco Wave Power Global AB (publ)'s score of 0.43 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.
20.8% of Spruce Power shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 9.5% of Spruce Power shares are held by insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are held 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.
Spruce Power and Eco Wave Power Global AB (publ) both received 0 outperform votes by MarketBeat users.
Eco Wave Power Global AB (publ) has lower revenue, but higher earnings 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.
Spruce Power has a beta of 1.25, meaning that its share price is 25% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.95, meaning that its share price is 195% less volatile than the S&P 500.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -61.34%. Eco Wave Power Global AB (publ)'s return on equity of -7.07% beat Spruce Power's return on equity.
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.
Skip ChartThis 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.
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