Eco Wave Power Global AB (publ)
WAVEUtilitiesNASDAQUtilities - Renewable
Scan Results
Daily timeframeEco 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. At a $51.5M market cap, Eco Wave Power Global AB (publ) ranks as a micro-cap company within utilities. 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.
Market Cap
$51.5M
Beta
-0.37
P/E (TTM)
—
P/E (Fwd)
-8.98
EPS (TTM)
$-0.60
EPS (Fwd)
$-0.92
ROE
-62.6%
ROA
-21.2%
Cash
$5.0M
Total Debt
$1.3M
Free CF
—
52W Change
-1.7%
Annual Financials
Cash vs Debt
Where WAVE stands vs its 150-day and 200-day moving averages
As of the July 15, 2026 close, WAVE finished 33.97% above its 150-day moving average ($6.80) and 29.59% above its 200-day moving average ($7.03). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is WAVE overbought or oversold?
At the July 15, 2026 close, WAVE's RSI(14) was 52.9, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $5.0M in cash and $1.3M in debt, WAVE maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Return on equity stands at -62.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $26K to $38K.
The relatively low beta of -0.37 suggests WAVE is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing WAVE.