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WAVE
$8.13-0.58 (-6.66%)
Pre-Market$8.15+0.02 (+0.25%)· Last close May 6
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Eco Wave Power Global AB (publ) in the Utilities sector is trading at $8.13. The stock is currently 18% below its 52-week high of $9.87, remaining 17.1% above its 200-day moving average. Technical signals show neutral RSI of 67 and bullish MACD crossover, explaining why WAVE maintains its current momentum and trend strength. The Whystock Score of 60/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Overbought levels (RSI 67) — risk of consolidation or pullback
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$8.13
Potential Upside
5%
Whystock Fair Value$8.54
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Analyst Consensus1 analysts
Buy
Mean target$15.00+84.5%
Range$15.00 – $15.00
Fundamentals
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, conce...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$40.71M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
Defensive asset. Lower volatility than the S&P 500.
-0.56
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
-52.17%
Volume
Today's trading volume
21,105
Recent News
Eco Wave Power Global AB (WAVE) Q4 2025 Earnings Call Highlights: Strategic Advances and ...
Eco Wave Power Global AB (WAVE) showcases significant project progress and cost management, despite facing financial and operational hurdles.
Eco Wave Power Global AB (WAVE) Q3 2025 Earnings Call Highlights: Strategic Expansion and ...
Eco Wave Power Global AB (WAVE) showcases significant international partnerships and a strong cash position, despite rising operational costs.
Eco Wave Power Global AB (WAVE) Q2 2025 Earnings Call Highlights: Innovation and Global ...
Eco Wave Power Global AB (WAVE) showcases strategic growth initiatives and innovation, despite facing increased operating expenses and net losses.
Sector Update: Energy Stocks Decline Late Afternoon
Energy stocks fell late Monday afternoon with the NYSE Energy Sector Index shedding 0.8% and the Ene
Sector Update: Energy Stocks Decline in Afternoon Trading
Energy stocks fell Monday afternoon with the NYSE Energy Sector Index dropping 0.4% and the Energy S