How to Buy Eco Wave Power Global Ab Stock
Eco Wave Power Global Ab
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.
Eco Wave Power Global Ab stock last closed at $6.48, down 1.52% from the previous day, and has increased 165.57% in one year. It has overperformed other stocks in the Utilities - Renewable industry by 1.27 percentage points. Eco Wave Power Global Ab stock is currently +194.55% from its 52-week low of $2.20, and -63.24% from its 52-week high of $17.63.
As of Apr 29, 2025, there are 46.73M WAVE shares outstanding. The market capitalization of WAVE is $37.85M. In the last 24 hours, 23,206 WAVE shares were traded.
How to Buy Eco Wave Power Global Ab Stock
Wondering how to invest in Eco Wave Power Global Ab stock? Here's how.
- Decide where to buy Eco Wave Power Global Ab stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Eco Wave Power Global Ab stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research Eco Wave Power Global Ab stock: The Eco Wave Power Global Ab ticker symbol is WAVE. Is Eco Wave Power Global Ab stock a good investment? Should you buy shares of WAVE? How do WAVE's underlying business fundamentals look? Do top analysts think Eco Wave Power Global Ab is a good buy? Why has WAVE's stock price moved recently? (Hint: Our stock research website can help you understand if WAVE is a good stock to buy).
- Make your WAVE purchase: Decide if you will purchase WAVE shares at the current market price or use a limit order to buy WAVE stock at a particular price.
- Watch your WAVE position: Create a watchlist to get live updates on your new investment in Eco Wave Power Global Ab shares.
Step 1: Decide where to buy Eco Wave Power Global Ab stock
You will need an online brokerage account in order to access the NASDAQ market and buy WAVE shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Energy, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can invest in WAVE today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on the best stock app, your next step is to transfer the money for your investment:
Watch the video below if you need help transferring funds into your new investment account.
Step 4: Research Eco Wave Power Global Ab stock
Once you have figured out the best place to buy Eco Wave Power Global Ab stock, it's absolutely critical to research their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Overview of key WAVE info
Fundamentals of Eco Wave Power Global Ab
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on WAVE's stock page.
Is WAVE stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WAVE's intrinsic value.
Using relative valuations measures:
- WAVE may be undervalued based on its P/B ratio of 4.48x, relative to Utilities - Renewable industry P/B ratio of 4.81x
You can access additional valuation analysis on WAVE's stock here.
A look at WAVE Cashflows and Balance Sheet
Positive Health Checks:
- WAVE has cash burn of 1850000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the WAVE balance sheet.
- WAVE has a low debt to equity ratio of 0.28.
- WAVE has $9.32M in cash and short term investments. This is enough to cover its annual cash burn of $1.85M.
- There are more short-term assets than short-term liabilities on the WAVE balance sheet.
Negative Health Checks:
- WAVE profit margin has gone down from -558.8% to -1,236.3% in the past year.
- Total WAVE debt is higher than 5 years ago, relative to shareholder equity.
Is Eco Wave Power Global Ab stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who give forecasts on WAVE, the consensus analyst rating on WAVE is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Eco Wave Power Global Ab stock forecast page.
WAVE Technical Indicators
How is WAVE performing as a company?
Last year, WAVE revenue was $168.00k. During the past 3 year, WAVE's revenue has grown by 164.1% per year. This was faster than the Utilities - Renewable industry average of 7.22%.
Find out more about WAVE's earnings and revenue performance here.
What are WAVE insiders up to?
In the past year, executives and large shareholders at WAVE have not bought or sold any shares.
Dig into more about who owns WAVE shares here.
Can I rely on WAVE as an income stream?
No, Eco Wave Power Global Ab doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your WAVE purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Click the Open button and your broker will place your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Watch your WAVE position
Now that you own some shares in WAVE, you'll want to keep up with your new stock purchase.
Put WAVE on a watchlist to get the latest updates about your WAVE stock.
WAVE Feed
How to Buy Stock in Eco Wave Power Global Ab
To summarize, here are the 6 steps for buying Eco Wave Power Global Ab stock:
- Decide where to buy Eco Wave Power Global Ab stock
- Create your brokerage account
- Deposit money your investment account
- Research Eco Wave Power Global Ab stock
- Make your WAVE purchase
- Watch your WAVE position
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Eco Wave Power Global Ab, click the button below.
Other Content You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.