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Energous (WATT) Catches Eye: Stock Jumps 5.3% in Session

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Energous Corporation (WATT - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 51.1% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of two increase and one decrease over the past one month, while the Zacks Consensus Estimate hasn’t been in trend/remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Energous currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is EnerSys (ENS - Free Report) , carrying a Zacks Rank #2 (Buy).

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