A correction may be in store for TeraWulf Inc. (NASDAQ:WULF) shares?

In the latest session, TeraWulf Inc. (NASDAQ: WULF) closed at $0.61 down -4.48% from its previous closing price of $0.64. In other words, the price has decreased by -$0.0285 from its previous closing price. On the day, 2095246 shares were traded. WULF stock price reached its highest trading level at $0.6798 during the session, while it also had its lowest trading level at $0.5900.

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Ratios:

For a deeper understanding of TeraWulf Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 0.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on March 25, 2022, initiated with a Buy rating and assigned the stock a target price of $24.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 11 when Prager Paul B. bought 317,259 shares for $7.88 per share. The transaction valued at 2,500,001 led to the insider holds 654,706 shares of the business.

Revolve Capital LLC bought 158,629 shares of WULF for $1,249,997 on Apr 11. The 10% Owner now owns 10,981,382 shares after completing the transaction at $7.88 per share. On Apr 11, another insider, Pascual Bryan J., who serves as the 10% Owner of the company, bought 158,629 shares for $7.88 each. As a result, the insider paid 1,249,997 and bolstered with 14,339,040 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 20.74 while its Price-to-Book (P/B) ratio in mrq is 0.59.

Stock Price History:

Over the past 52 weeks, WULF has reached a high of $9.95, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is 0.7498, while the 200-Day Moving Average is calculated to be 1.2190.

Shares Statistics:

For the past three months, WULF has traded an average of 1.89M shares per day and 2.32M over the past ten days. A total of 108.84M shares are outstanding, with a floating share count of 48.85M. Insiders hold about 11.60% of the company’s shares, while institutions hold 6.60% stake in the company. Shares short for WULF as of Jan 12, 2023 were 2.03M with a Short Ratio of 2.63M, compared to 2.39M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.40% and a Short% of Float of 4.01%.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $457.5M in the next fiscal year. The high estimate is $457.5M and the low estimate is $457.5M. The average revenue growth estimate for next year is up 178.60% from the average revenue estimate for this year.