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 $2.74, down 15.43% from the previous day, and has decreased 3.56% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.07 percentage points. Eco Wave Power Global Ab stock is currently +171.29% from its 52-week low of $1.01, and -44.53% from its 52-week high of $4.94.
As of Apr 26, 2024, there are 44.39M WAVE shares outstanding. The market capitalization of WAVE is $15.21M. In the last 24 hours, 96,498 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
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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 1.91x, relative to Utilities - Renewable industry P/B ratio of 2.6x
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 2607000. 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 $8.45M in cash and short term investments. This is enough to cover its annual cash burn of $2.61M.
- There are more short-term assets than short-term liabilities on the WAVE balance sheet.
Negative Health Checks:
- WAVE profit margin has gone up by 105.99 percentage points in the past year, but the company is still unprofitable.
WAVE Momentum
How are WAVE Revenues/Earnings doing?
Last year, WAVE revenue was $306.00k. During the past two year, WAVE's revenue has gone up by 214.18% per year. This was faster than the Utilities - Renewable industry average of 10.33%.
Dive into WAVE's earnings and revenue performance here.
Who is buying/selling WAVE?
In the last year, insiders at WAVE have not bought or sold any shares.
Learn 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 analysis from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your WAVE purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and your broker will place the order.
If you require more help with investing in 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 monitor your WAVE stock.
WAVE Feed
How to Buy Stock in Eco Wave Power Global Ab
To reiterate, 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 require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Eco Wave Power Global Ab, hit the button below to create your watchlist.
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