Veracity Capital LLC Invests $392,000 in Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Veracity Capital LLC acquired a new position in shares of Eco Wave Power Global AB (publ) (NASDAQ:WAVE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 35,593 shares of the company’s stock, valued at approximately $392,000.

Separately, Catalina Capital Group LLC acquired a new position in shares of Eco Wave Power Global AB (publ) during the third quarter worth approximately $113,000. Institutional investors own 0.57% of the company’s stock.

Eco Wave Power Global AB (publ) Price Performance

WAVE opened at $9.08 on Friday. The business has a 50 day moving average of $11.27 and a 200-day moving average of $7.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.26 and a quick ratio of 3.26. Eco Wave Power Global AB has a 1-year low of $1.01 and a 1-year high of $17.63.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) last issued its quarterly earnings results on Thursday, November 21st. The company reported ($0.10) earnings per share for the quarter.

Eco Wave Power Global AB (publ) Company Profile

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts.