Eco Wave Power Global AB (publ) (WAVE)Utilities | Utilities - Renewable | Tel Aviv-Yafo, Israel | NasdaqCM
9.28 USD
+0.36
(4.036%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 9.29 +0.01 (0.108%) ⇧ (July 13, 2026, 4:45 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:31 a.m. EDT
The immediate outlook remains neutral due to a lack of clear directional momentum, despite a recent bounce in share price. However, the long-term investment case is severely compromised by deteriorating fundamentals; the company is generating significant losses with negative operating margins and a return on equity that indicates capital destruction. While the stock recently rallied nearly 160% year-over-year, this surge occurred against a backdrop of four consecutive years of cumulative price decline, suggesting the recent pop may be a speculative anomaly rather than a reversal of structural issues. Valuation metrics are absurd, with a price-to-book ratio exceeding nine times despite the company trading at a loss, implying the market is pricing in a miracle turnaround that current earnings data does not support. Furthermore, there is no dividend income to offset these risks, making this a high-risk speculative vehicle rather than a viable investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.279417 |
| MSTL_63 | 0.290148 |
| AutoARIMA | 0.296548 |
| AutoETS | 0.296723 |
| AutoTheta | 0.296763 |
| MSTL_79 | 0.320257 |
| MSTL_63_79 | 0.340098 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 3.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.175 |
| Excess Kurtosis | -0.83 |
| Attribute | Value |
|---|---|
| Sector | Utilities |
| Debt to Equity Ratio | 27.092 |
| Revenue per Share | 0.007 |
| Market Cap | 57,904,080 |
| Forward P/E | -10.09 |
| Beta | -0.37 |
| Previous Name | EWPG Holding AB (publ) |
| Website | https://www.ecowavepower.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.4817276 |
| Address1 | 52 Derech Menachem Begin Street |
| All Time High | 30.0 |
| All Time Low | 1.01 |
| Ask | 11.53 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 44,470 |
| Average Daily Volume3 Month | 74,183 |
| Average Volume | 74,183 |
| Average Volume10Days | 44,470 |
| Beta | -0.367 |
| Bid | 6.6 |
| Bid Size | 2 |
| Book Value | 0.971 |
| City | Tel Aviv-Yafo |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Israel |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.28 |
| Current Ratio | 2.428 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 9.28 |
| Day Low | 8.99 |
| Debt To Equity | 27.092 |
| Earnings Call Timestamp End | 1,741,096,800 |
| Earnings Call Timestamp Start | 1,741,096,800 |
| Earnings Timestamp End | 1,755,174,600 |
| Earnings Timestamp Start | 1,755,174,600 |
| Ebitda | -2,823,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -17.807 |
| Enterprise To Revenue | 1,322.897 |
| Enterprise Value | 50,270,080 |
| Eps Current Year | -0.8 |
| Eps Forward | -0.92 |
| Eps Trailing Twelve Months | -0.64 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 972 3 620 2807 |
| Fifty Day Average | 8.56732 |
| Fifty Day Average Change | 0.71267986 |
| Fifty Day Average Change Percent | 0.08318586 |
| Fifty Two Week Change Percent | 48.17276 |
| Fifty Two Week High | 10.87 |
| Fifty Two Week High Change | -1.5900002 |
| Fifty Two Week High Change Percent | -0.14627416 |
| Fifty Two Week Low | 4.52 |
| Fifty Two Week Low Change | 4.7599998 |
| Fifty Two Week Low Change Percent | 1.0530972 |
| Fifty Two Week Range | 4.52 - 10.87 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,625,146,200,000 |
| Float Shares | 3,114,585 |
| Forward Eps | -0.92 |
| Forward P E | -10.086956 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 13 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.57895 |
| Gross Profits | 22,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.015149999 |
| Implied Shares Outstanding | 6,239,664 |
| Industry | Utilities - Renewable |
| Industry Disp | Utilities - Renewable |
| Industry Key | utilities-renewable |
| Ipo Expected Date | 2,021-07-01 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, India, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. |
| Long Name | Eco Wave Power Global AB (publ) |
| Market | us_market |
| Market Cap | 57,904,080 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_309530858 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -3,891,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 57,323,787 |
| Number Of Analyst Opinions | 1 |
| Open | 8.99 |
| Operating Margins | -77.68421 |
| Payout Ratio | 0.0 |
| Phone | 972 3 509 4017 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.10776109 |
| Post Market Price | 9.29 |
| Post Market Time | 1,783,975,558 |
| Prev Name | EWPG Holding AB (publ) |
| Previous Close | 8.92 |
| Price Eps Current Year | -11.599999 |
| Price Hint | 2 |
| Price To Book | 9.5571575 |
| Price To Sales Trailing12 Months | 1,523.7916 |
| Profit Margins | 0.0 |
| Quick Ratio | 2.321 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.36 |
| Regular Market Change Percent | 4.03587 |
| Regular Market Day High | 9.28 |
| Regular Market Day Low | 8.99 |
| Regular Market Day Range | 8.99 - 9.28 |
| Regular Market Open | 8.99 |
| Regular Market Previous Close | 8.92 |
| Regular Market Price | 9.28 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 12,506 |
| Return On Assets | -0.21236 |
| Return On Equity | -0.62599 |
| Revenue Per Share | 0.007 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Utilities |
| Sector Disp | Utilities |
| Sector Key | utilities |
| Shares Outstanding | 6,239,664 |
| Shares Percent Shares Out | 0.013300001 |
| Shares Short | 12,451 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 10,574 |
| Short Name | Eco Wave Power Global AB (publ) |
| Short Ratio | 0.51 |
| Source Interval | 15 |
| Symbol | WAVE |
| Target High Price | 15.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 15.0 |
| Target Median Price | 15.0 |
| Total Cash | 5,041,000 |
| Total Cash Per Share | 0.863 |
| Total Debt | 1,305,000 |
| Total Revenue | 38,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.64 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 7.018885 |
| Two Hundred Day Average Change | 2.2611146 |
| Two Hundred Day Average Change Percent | 0.32214725 |
| Type Disp | Equity |
| Volume | 12,506 |
| Website | https://www.ecowavepower.com |
| Zip | 6,713,701 |