Eco Wave Power Global AB (publ) (WAVE) to Release Quarterly Earnings on Thursday

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 15th. Analysts expect Eco Wave Power Global AB (publ) to post earnings of ($0.11) per share and revenue of $0.10 million for the quarter.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) last released its quarterly earnings data on Monday, March 3rd. The company reported ($0.12) EPS for the quarter. The business had revenue of $0.17 million for the quarter.

Eco Wave Power Global AB (publ) Trading Up 0.2 %

WAVE opened at $6.08 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.26 and a quick ratio of 3.26. The company’s 50 day simple moving average is $6.58 and its two-hundred day simple moving average is $8.75. The firm has a market capitalization of $33.74 million, a price-to-earnings ratio of -14.14 and a beta of -0.52. Eco Wave Power Global AB has a 1-year low of $2.20 and a 1-year high of $17.63.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Maxim Group assumed coverage on Eco Wave Power Global AB (publ) in a research note on Tuesday, March 11th. They issued a “buy” rating and a $15.00 target price for the company. Alliance Global Partners began coverage on shares of Eco Wave Power Global AB (publ) in a research report on Monday, February 3rd. They set a “buy” rating and a $14.00 price objective for the company.

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.