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The Rising Star Behind Retail Innovation: How Energous’s Strategic Moves Boost Market Sentiment

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Written by Jack Kellogg Reviewed by Tim Sykes Fact-checked by Ellis Hobbs
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Energous Corporation’s stock price is influenced by a new partnership aimed at expanding wireless charging technology into the consumer electronics market, though on Monday, Energous Corporation’s stocks have been trading down by 0 percent.

Impactful Developments and Their Implications

  • A major milestone for Energous Corporation has been achieved with their significant contract for infrastructure upgrades at over 4,700 retail stores of a leading Fortune 10 multinational. This boost in market activity stems from the deployment of more than 1,500 2W PowerBridge systems, cementing their role in cutting-edge retail tech solutions by the year’s end.

Candlestick Chart

Live Update At 09:19:41 EST: On Monday, December 30, 2024 Energous Corporation stock [OTC: WATT] is trending down by 0%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

  • A new development arises as Energous files an $80M mixed securities shelf, signaling a strategic approach to fueling future expansion and diversification in universal power solutions. This move has indeed garnered mixed market reactions but speaks volumes about their ambitious growth plans.

Recent Earnings and Financial Health

When it comes to generating wealth through trading, many people focus solely on the amount of money they can make. However, as millionaire penny stock trader and teacher Tim Sykes says, “It’s not about how much money you make; it’s about how much money you keep.” This highlights the importance of strategic planning and risk management. By emphasizing the need to manage profits wisely, traders can ensure long-term success and sustainability in their trading endeavors.

Evaluating Energous Corporation’s recent financial landscape paints a complex picture. With revenue standing at approximately $474,000, the company faces a challenging profitability narrative. However, this hasn’t deterred their strategic endeavors, emphasizing tech advancement and potential market capture.

The figures tell their story rather dramatically; with a current ratio of 0.8, the liquidity challenges cast a shadow on their short-term commitments. Yet, the earnings report suggests a company vigorously investing in technology, reinforcing its stance as an innovative leader. Despite a gross margin of -26.5%, which may seem daunting, the focus remains on market expansion and technological edge.

More Breaking News

The profitability ratios show red flags, with EBIT and net profit margins deep in negative territory. Financial reports highlight a net income slump to -$3.4M and an operating loss around $3.58M in the recent quarter. Yet, the capital deployment into key projects reflects a belief in long-term returns rather than immediate profit gains.

Retail Ventures and Strategic Movements

Energous’s strategic ventures, particularly their collaboration with a Fortune 10 conglomerate, have redefined their market positioning. The sizable order for transmitter systems promises to pivot the company into broader retail technology deployment, fulfilling a demand in wireless power solutions.

For the retail giants engaging with Energous, this partnership could revolutionize store efficiency, reducing operational costs through wireless power augmentation. Such initiatives spotlight Energous’s core technology, creating a promising narrative for investors intrigued by retail tech innovation.

Financial Challenges and Potential Opportunities

By filing an $80M mixed securities shelf, Energous reveals its aggressive strategy aimed at navigating financial hurdles and fueling innovation. While this move highlights the need for additional capital, it hints at bold expansions beyond their current scope.

The company navigates a complex financial terrain with significant liabilities, yet showcases adaptable strategies geared toward transformative tech leadership. Despite current volatility, the intent is clear: Energous sees beyond immediate financial struggles, aiming for sustainable growth.

Conclusion: An Innovative Path Forward

The recent developments highlight Energous Corporation’s trajectory toward redefining the wireless power solution market. Through strategic contracts with global retail leaders, the company demonstrates resilience and future-focused innovation.

While financial challenges are undeniable, the strategic initiatives point toward a potential shift in market momentum. Traders and market analysts alike are keen to see if these ventures will bear tangible fruit, potentially altering Energous’s market narrative from short-term hurdles to long-term growth. As millionaire penny stock trader and teacher Tim Sykes says, “Cut losses quickly, let profits ride, and don’t overtrade.” This wisdom resonates with those observing Energous’s strategies, emphasizing the delicate balance required in navigating current conditions.

The story of Energous is more than numbers—it’s about a company on the brink of technological resurgence, reflecting the broader industry trends toward wireless and seamless retail solutions.

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”