For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Wallbox N.V (NYSE: WBX) was $0.96 for the day, down -2.48% from the previous closing price of $0.98. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 1.17 million shares were traded. WBX stock price reached its highest trading level at $1.052 during the session, while it also had its lowest trading level at $0.901.
Ratios:
Our analysis of WBX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 1.27.
On October 19, 2023, Chardan Capital Markets Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $2.25.
UBS Downgraded its Buy to Neutral on September 27, 2023, whereas the target price for the stock was revised from $5 to $3.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 29 ’24 when Justin E Mirro bought 100,000 shares for $1.36 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBX now has a Market Capitalization of 238060096 and an Enterprise Value of 396902880. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 2.368 whereas that against EBITDA is -4.808.
Stock Price History:
Over the past 52 weeks, WBX has reached a high of $2.09, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -16.06%, while the 200-Day Moving Average is calculated to be -30.33%.
Shares Statistics:
WBX traded an average of 332.50K shares per day over the past three months and 464510 shares per day over the past ten days. A total of 187.89M shares are outstanding, with a floating share count of 83.36M. Insiders hold about 67.16% of the company’s shares, while institutions hold 3.07% stake in the company. Shares short for WBX as of 1728950400 were 1739640 with a Short Ratio of 5.23, compared to 1726185600 on 1984222. Therefore, it implies a Short% of Shares Outstanding of 1739640 and a Short% of Float of 0.97.