Veracity Capital LLC Makes New Investment in Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Veracity Capital LLC purchased a new position in shares of Eco Wave Power Global AB (publ) (NASDAQ:WAVE) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 35,593 shares of the company’s stock, valued at approximately $392,000. Veracity Capital LLC owned about 0.64% of Eco Wave Power Global AB (publ) as of its most recent SEC filing.

Separately, Catalina Capital Group LLC acquired a new position in Eco Wave Power Global AB (publ) during the third quarter worth $113,000. 0.57% of the stock is currently owned by institutional investors and hedge funds.

Eco Wave Power Global AB (publ) Price Performance

NASDAQ WAVE opened at $9.08 on Friday. The stock’s 50-day moving average is $11.27 and its two-hundred day moving average is $7.07. Eco Wave Power Global AB has a fifty-two week low of $1.01 and a fifty-two week high of $17.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.26 and a current ratio of 3.26.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) last issued its quarterly earnings data on Thursday, November 21st. The company reported ($0.10) earnings per share for the quarter.

Eco Wave Power Global AB (publ) Company Profile

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.