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After finishing at $1.39 in the prior trading day, Wallbox N.V (NYSE: WBX) closed at $1.37, down -1.44%. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.3 million shares were traded. WBX stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.36.
Ratios:
Our goal is to gain a better understanding of WBX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 0.77.
On September 27, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5 to $3.
TD Cowen Downgraded its Outperform to Market Perform on August 03, 2023, while the target price for the stock was maintained at $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 288623392 and an Enterprise Value of 428093408. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 2.978 whereas that against EBITDA is -4.382.
Stock Price History:
Over the past 52 weeks, WBX has reached a high of $3.15, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -2.56%, while the 200-Day Moving Average is calculated to be -8.74%.
Shares Statistics:
The stock has traded on average 308.20K shares per day over the past 3-months and 244780 shares per day over the last 10 days, according to various share statistics. A total of 187.89M shares are outstanding, with a floating share count of 70.79M. Insiders hold about 66.56% of the company’s shares, while institutions hold 6.17% stake in the company. Shares short for WBX as of 1723680000 were 2451211 with a Short Ratio of 7.95, compared to 1721001600 on 2115462. Therefore, it implies a Short% of Shares Outstanding of 2451211 and a Short% of Float of 1.79.
