Energous Corporation (WATT) Soars 14.25%

Energous Corporation (WATT) Soars 14.25%

Energous Corporation is a Energous Corp is a development stage technology company. It is developing a technology named WattUp, which will enable RF (radio frequency) based wire free charging for electronic devices.

Energous Corporation (WATT) had a good day on the market for Monday February 08 as shares jumped 14.25% to close at $4.33. About 15.11 million shares traded hands on 43,361 trades for the day, compared with an average daily volume of n/a shares out of a total float of 44.55 million. After opening the trading day at $3.98, shares of Energous Corporation stayed within a range of $4.90 to $3.83.

With today’s gains, Energous Corporation now has a market cap of $192.89 million. Shares of Energous Corporation have been trading within a range of $4.69 and $0.62 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Energous Corp is a development stage technology company. It is developing a technology named WattUp, which will enable RF (radio frequency) based wire free charging for electronic devices. The firm believes that its technology will be utilized in the internet of things devices, smartphones, tablets, e-book readers, keyboards, mice, remote controls, rechargeable lights, cylindrical batteries and other devices with similar charging requirements. Its business strategy is to become a supplier and licensor of its technology to companies who design, manufacture and market devices to consumers, military, industrial and other users.

Energous Corporation is based out of San Jose, CA and has some 51 employees. Its CEO is Stephen R. Rizzone.

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