Eco Wave Power Global AB (publ) (WAVE)
Eco Wave Power Global AB (publ) operates in the Renewable Utilities industry of the Utilities sector, headquartered in Tel Aviv, TA, IL. The stock last traded at $6.86, down 4.46% on the session, giving a market capitalisation of $40.1M. On trailing twelve-month figures it carries a trailing P/E of -10.31, a net margin of -10212.6%. Its beta of -0.35 implies it has historically moved less than the broad market.
Eco Wave Power Global AB (publ) is a company dedicated to renewable energy, developing innovative technology designed to harness the power of ocean and sea waves, transforming them into clean electricity. The company has secured a significant global presence through various commercial agreements, including power purchase and concession deals, supporting a development pipeline estimated at approximately 404.7 megawatts, in addition to holding several letters of intent. Its operational reach spans multiple countries such as the United States, Taiwan, Sweden, Israel, Portugal, and Mexico, with further international activities. Established in 2011, the organization was formerly known as EWPG Holding AB (publ) before adopting its current name in June 2021. Eco Wave Power Global AB (publ) maintains its headquarters in Tel Aviv-Yafo, Israel.
Eco Wave Power Global AB (publ) is most often compared with the following Utilities names: