Eco Wave Power Global AB (publ)'s fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 47 out of 67 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 remain stable.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Eco Wave Power Global AB (publ) is 5.49, ranking 64 out of 67 in the Electric Utilities & IPPs industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 38.00K, representing a year-over-year decrease of 77.38%, while its net profit experienced a year-over-year decrease of 58.63%.
Key Metrics
The current valuation score of Eco Wave Power Global AB (publ) is 5.78, ranking 61 out of 67 in the Electric Utilities & IPPs industry. Its current P/E ratio is -8.94, which is -11.89% below the recent high of -7.88 and -3417.48% above the recent low of -314.50.
The current earnings forecast score of Eco Wave Power Global AB (publ) is 8.00, ranking 11 out of 67 in the Electric Utilities & IPPs industry. The average price target is 14.75, with a high of 15.00 and a low of 14.50.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Eco Wave Power Global AB (publ) is 7.42, ranking 12 out of 67 in the Electric Utilities & IPPs industry. Currently, the stock price is trading between the resistance level at 6.96 and the support level at 4.49, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Eco Wave Power Global AB (publ) is 3.00, ranking 43 out of 67 in the Electric Utilities & IPPs industry. The latest institutional shareholding proportion is 1.17%, representing a quarter-over-quarter increase of 4.65%. The largest institutional shareholder is James Simons, holding a total of 0.00 shares, representing 0.00% of shares outstanding, with 1.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electric Utilities & IPPs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Eco Wave Power Global AB (publ) is 3.18, ranking 50 out of 67 in the Electric Utilities & IPPs industry. The company's beta value is -0.55. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
