Eco Wave Power Global AB ADR WAVE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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RedChip Showcases Public Companies Powering the Future of AI, Automation, and Digital Infrastructure at June 10 Virtual Investor Conference
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Eco Wave Power Featured for Second Time in NVIDIA Founder and CEO Jensen Huang's GTC Keynote, as Company Advances Taiwan Wave Energy Project
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Following Keynote Recognition, NVIDIA Showcases Eco Wave Power's Vision for AI-Driven Wave Energy Technology
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Eco Wave Power Successfully Completes Wave Energy Pilot with Shell at Port of Los Angeles, Advancing Commercial Readiness of Onshore Wave Energy Technology
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Eco Wave Power Advances Taiwan Expansion as Partner Signs Land Lease for Suao Port Wave Energy Project
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Eco Wave Power Featured in NVIDIA CEO Jensen Huang's GTC Keynote Highlighting AI-Driven Coastal Energy Infrastructure
Trading Information
- Previous Close Price
- $7.90
- Day Range
- $7.46–8.65
- 52-Week Range
- $4.41–10.50
- Bid/Ask
- $6.86 / $8.31
- Shares Outstanding
- 5.84M
- Market Cap
- $43.83M
- Volume/Avg
- 21,351 / 21,081
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 1,144.92
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient wave energy conversion, or WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographically, it has a presence in Israel, the USA, and Mexico.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Small Core
- Total Number of Employees
- 11
- Website
- https://www.ecowavepower.com
Valuation
|
Metric
|
WAVE
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 8.68 |
Price/Sales | 1,144.92 |
Price/Cash Flow | — |
Price/Earnings
No chart available
Financial Strength
|
Metric
|
WAVE
|
|---|---|
Quick Ratio | 2.32 |
Current Ratio | 2.43 |
Interest Coverage | −49.46 |
Quick Ratio
WAVE
Profitability
|
Metric
|
WAVE
|
|---|---|
Return on Assets (Normalized) | −44.88% |
Return on Equity (Normalized) | −61.11% |
Return on Invested Capital (Normalized) | −50.90% |
Return on Assets
WAVE
Utilities - Renewable Industry Comparables
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