Energous Corp (NASDAQ:WATT) target price raised to $18.00, reported today by Zacks Investment Research
- Updated: October 12, 2016
Yesterday Energous Corp (NASDAQ:WATT) traded -0.49% lower at $15.91. The company’s 50-day moving average is $17.65 and its 200-day moving average is $13.03. The last stock close price is up 23.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 696,321 shares of the stock were exchanged, down from an average trading volume of 861,100
Energous Corp (NASDAQ:WATT) had its target price raised to $18.00 by Zacks Investment Research in a report released 10/12/2016. The new target price indicates a possible upside of 0.13% based on the company's last stock close price.
Previously on 7/15/2015, Chardan Capital Markets reported about Energous Corp (NASDAQ:WATT) raised the target price from $0.00 to $12.00. At the time, this indicated a possible upside of 0%.
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Energous Corp has a 52 week low of $3.65 and a 52 week high of $20.13 The company’s market cap is currently $0.
About Energous Corp (NASDAQ:WATT)
Energous Corporation is engaged in developing a technology called WattUp that consists of semiconductor chipsets, software, hardware designs and antennas that can enable radio frequency (RF)-based wire-free charging for electronic devices, providing power at a distance and enabling charging with mobility under software control. The Company's business model is to supply silicon components with reference designs and license its WattUp technology to device and chip manufacturers, wireless service providers and other commercial partners to make wire-free charging an option for end users. Its technology can be utilized in a range of devices, including wearables, Internet of Things (IoT) devices, smartphones, tablets, e-book readers, keyboards, mice, remote controls, rechargeable lights, cylindrical batteries and any other device with similar charging requirements that would otherwise need a battery or a connection to a power outlet.
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