Energous (NASDAQ:WATT) Releases Quarterly Earnings Results

Energous (NASDAQ:WATT) issued its quarterly earnings data on Thursday. The industrial products company reported ($0.33) EPS for the quarter, Zacks reports. Energous had a negative return on equity of 317.56% and a negative net margin of 4,368.98%.

Energous Stock Performance

Shares of Energous stock traded up $0.01 on Thursday, hitting $0.37. The company had a trading volume of 768,395 shares, compared to its average volume of 3,065,789. The stock has a market capitalization of $11.14 million, a price-to-earnings ratio of -0.12 and a beta of 2.31. Energous has a 1 year low of $0.28 and a 1 year high of $2.70. The stock has a 50 day moving average of $0.57 and a 200-day moving average of $0.59.

Energous Company Profile

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices.