A Look at 2 Trending Stocks: Energous Corporation (WATT), Houston American Energy Corp. (HUSA)

Energous Corporation (NASDAQ:WATT) recently saw its volume around 3.65 million shares and on average it trades 3.11 million shares a day. The opening price of $23.88, led it to gain -4.6% to reach $23.02 upon the closing bell.

Energous Corporation (WATT) Analyst Opinion

Energous Corporation has a consensus outperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 25.29% of shares outstanding. The stock spiked 177.35% last month and is up 18.35 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover WATT having a buy-equivalent rating. Analysts have placed a $35.27 price target on Energous Corporation, suggesting a 53.21% gain from recent close. It’s currently trading about -31.28% below its 52-week high.

Energous Corporation Earnings Surprise

Energous Corporation (WATT) failed to surprise the stock market in its last reported earnings when it earned -$0.58 a piece versus the consensus-estimated -$0.55. Its revenue totaled $1.16 million up 286.67% from the previous quarter.

Energous Corporation (NASDAQ:WATT) Intraday View

This stock (WATT) is ahead of its 52-week low with 233.14%. Its last month’s stock price volatility remained 11.57% which for the week stands at 14.26%. The share price has moved forward from its 20 days moving average, trading at a distance of 42.12% and stays 98.51% away from its 50 days moving average. Over the last five days, shares have managed 5.45% gains and now is up 74.44% since hitting its 200-day moving average of $12.47. Energous Corporation (WATT) has made its way to a 12-month gain of 27.53%.

Turning to Houston American Energy Corp. (NYSE:HUSA), its shares were trading at $0.34 a gain of $0.02, on the trading floor. The stock, after opening at $0.31, touched a high of $0.37 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. Houston American Energy Corp. tumbled -68.1% from its high of $1.05 to a $20.34 million market value through last close.

Houston American Energy Corp. (NYSE:HUSA) Intraday Trading

The counter witnessed a trading volume of 1.19 million shares versus an average volume of 0.62 million shares during last trading session. Its last month’s stock price volatility remained 8.68% which for the week approaches 8.08%. The lowest price the stock reached in the last trading day was $0.31 and compares with the $0.18 52-week low. The stock recovered 84.47% since its low point and has performed 1.52% year-to-date.

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