Energous (NASDAQ:WATT) Posts Quarterly Earnings Results

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

Energous Stock Performance

Shares of WATT opened at $0.37 on Friday. Energous has a 1 year low of $0.28 and a 1 year high of $2.70. The stock has a market capitalization of $11.14 million, a PE ratio of -0.12 and a beta of 2.31. The stock has a 50-day simple moving average of $0.57 and a 200-day simple 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.