Eco Wave Power Global AB (publ)'s fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 33 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 14.75.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Eco Wave Power Global AB (publ)'s Score
Industry at a Glance
Industry Ranking
33 / 66
Overall Ranking
229 / 4565
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Eco Wave Power Global AB (publ) Highlights
StrengthsRisks
Eco Wave Power Global AB (publ), formerly EWPG Holding AB (publ), is a Sweden-based renewable energy company. The Company develops technology for production of clean electricity from ocean and sea waves.
Growing
The company is in a growing phase, with the latest annual income totaling USD 38.00K.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 38.00K.
Overvalued
The company’s latest PE is -13.88, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 83.06K shares, decreasing 55.55% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 2.78.
Eco Wave Power Global AB (publ), formerly EWPG Holding AB (publ), is a Sweden-based renewable energy company. The Company develops technology for production of clean electricity from ocean and sea waves.