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ENLT
Price
$16.23
Change
-$0.14 (-0.86%)
Updated
Nov 15 closing price
129 days until earnings call
WAVE
Price
$6.56
Change
-$0.44 (-6.29%)
Updated
Nov 15 closing price
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ENLT vs WAVE

Header iconENLT vs WAVE Comparison
Open Charts ENLT vs WAVEBanner chart's image
Enlight Renewable Energy
Price$16.23
Change-$0.14 (-0.86%)
Volume$8.11K
CapitalizationN/A
Eco Wave Power Global AB (publ)
Price$6.56
Change-$0.44 (-6.29%)
Volume$15.15K
CapitalizationN/A
ENLT vs WAVE Comparison Chart
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ENLT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
WAVE
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ENLT vs. WAVE commentary
Nov 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ENLT is a Sell and WAVE is a StrongSell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (ENLT: $16.23 vs. WAVE: $6.56)
Brand notoriety: ENLT and WAVE are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: ENLT: 96% vs. WAVE: 21%
Market capitalization -- ENLT: $1.9B vs. WAVE: $5.77M
ENLT [@Alternative Power Generation] is valued at $1.9B. WAVE’s [@Alternative Power Generation] market capitalization is $5.77M. The market cap for tickers in the [@Alternative Power Generation] industry ranges from $118.24B to $0. The average market capitalization across the [@Alternative Power Generation] industry is $6.29B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ENLT’s FA Score shows that 0 FA rating(s) are green whileWAVE’s FA Score has 0 green FA rating(s).

  • ENLT’s FA Score: 0 green, 5 red.
  • WAVE’s FA Score: 0 green, 5 red.
According to our system of comparison, WAVE is a better buy in the long-term than ENLT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ENLT’s TA Score shows that 5 TA indicator(s) are bullish while WAVE’s TA Score has 3 bullish TA indicator(s).

  • ENLT’s TA Score: 5 bullish, 3 bearish.
  • WAVE’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, ENLT is a better buy in the short-term than WAVE.

Price Growth

ENLT (@Alternative Power Generation) experienced а +3.05% price change this week, while WAVE (@Alternative Power Generation) price change was -16.54% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was -0.08%. For the same industry, the average monthly price growth was +2.29%, and the average quarterly price growth was -1.23%.

Reported Earning Dates

ENLT is expected to report earnings on Mar 27, 2025.

Industries' Descriptions

@Alternative Power Generation (-0.08% weekly)

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

SUMMARIES
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FUNDAMENTALS
Fundamentals
ENLT($1.9B) has a higher market cap than WAVE($5.77M). WAVE YTD gains are higher at: 429.032 vs. ENLT (-15.204). ENLT has higher annual earnings (EBITDA): 255M vs. WAVE (-2.66M). ENLT has more cash in the bank: 409M vs. WAVE (9.73M). WAVE has less debt than ENLT: WAVE (1.24M) vs ENLT (2.7B). ENLT has higher revenues than WAVE: ENLT (256M) vs WAVE (0).
ENLTWAVEENLT / WAVE
Capitalization1.9B5.77M32,941%
EBITDA255M-2.66M-9,590%
Gain YTD-15.204429.032-4%
P/E Ratio29.77N/A-
Revenue256M0-
Total Cash409M9.73M4,205%
Total Debt2.7B1.24M217,918%
TECHNICAL ANALYSIS
Technical Analysis
ENLTWAVE
RSI
ODDS (%)
N/A
Bearish Trend 4 days ago
90%
Stochastic
ODDS (%)
Bearish Trend 4 days ago
67%
Bullish Trend 4 days ago
83%
Momentum
ODDS (%)
Bullish Trend 4 days ago
49%
Bearish Trend 4 days ago
86%
MACD
ODDS (%)
Bullish Trend 4 days ago
57%
Bearish Trend 4 days ago
88%
TrendWeek
ODDS (%)
Bullish Trend 4 days ago
24%
Bearish Trend 4 days ago
83%
TrendMonth
ODDS (%)
Bullish Trend 4 days ago
24%
Bearish Trend 4 days ago
82%
Advances
ODDS (%)
Bullish Trend 5 days ago
62%
Bullish Trend 5 days ago
85%
Declines
ODDS (%)
Bearish Trend 19 days ago
73%
Bearish Trend 7 days ago
84%
BollingerBands
ODDS (%)
Bullish Trend 4 days ago
74%
Bearish Trend 6 days ago
90%
Aroon
ODDS (%)
N/A
Bullish Trend 4 days ago
80%
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ENLT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
WAVE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ENLT and

Correlation & Price change

A.I.dvisor indicates that over the last year, ENLT has been loosely correlated with ORA. These tickers have moved in lockstep 39% of the time. This A.I.-generated data suggests there is some statistical probability that if ENLT jumps, then ORA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ENLT
1D Price
Change %
ENLT100%
-0.86%
ORA - ENLT
39%
Loosely correlated
-0.60%
BEP - ENLT
35%
Loosely correlated
-0.51%
BEPC - ENLT
34%
Loosely correlated
-0.82%
CWEN - ENLT
30%
Poorly correlated
+0.73%
NPIFF - ENLT
27%
Poorly correlated
-1.37%
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