What is Eco Wave Power Global AB ADR?
Eco 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.
WAVE · Verdict
Moderate reward · moderate risk
WAVE stands out on volatility and balance sheet, but watch the cash flow signal.
Based on 88% data coverage
WAVE · Verdict
Above average
Current ratio 2.49
-8624% free-cash-flow margin
-9729% net margin · -48% ROE
Model-based scoring. For information only — not financial advice.
Eco 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. 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. The company is listed on the NASDAQ in USA, operating in the Utilities sector, with a market capitalisation of 41.18M.
The scoring profile indicates limited reward potential at this time, with growth and valuation offering the most support. Risk indicators are moderate, consistent with typical market exposure.
For informational purposes only. Not financial advice.
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