Closing Strong: TeraWulf Inc (WULF) Ends at 2.18, Up 0.69 from Last Close

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

After finishing at $2.17 in the prior trading day, TeraWulf Inc (NASDAQ: WULF) closed at $2.18, up 0.69%. In other words, the price has increased by $0.69 from its previous closing price. On the day, 10.73 million shares were traded. WULF stock price reached its highest trading level at $2.31 during the session, while it also had its lowest trading level at $2.16.

Ratios:

Our goal is to gain a better understanding of WULF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Rosenblatt on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $4.20.

On October 18, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $3.

On September 07, 2023, Compass Point started tracking the stock assigning a Buy rating and target price of $3.Compass Point initiated its Buy rating on September 07, 2023, with a $3 target price.

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 18 ’23 when Prager Paul B. bought 50,000 shares for $1.90 per share. The transaction valued at 95,000 led to the insider holds 525,000 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WULF now has a Market Capitalization of 660383488 and an Enterprise Value of 741489152. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.54 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 10.711 whereas that against EBITDA is 5373.11.

Stock Price History:

The Beta on a monthly basis for WULF is 2.41, which has changed by 0.29940116 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, WULF has reached a high of $4.04, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is 0.86%, while the 200-Day Moving Average is calculated to be 16.06%.

Shares Statistics:

The stock has traded on average 19.04M shares per day over the past 3-months and 15254850 shares per day over the last 10 days, according to various share statistics. A total of 276.73M shares are outstanding, with a floating share count of 203.99M. Insiders hold about 32.51% of the company’s shares, while institutions hold 20.83% stake in the company. Shares short for WULF as of 1713139200 were 27253220 with a Short Ratio of 1.43, compared to 1710460800 on 37691767. Therefore, it implies a Short% of Shares Outstanding of 27253220 and a Short% of Float of 11.959999999999999.

Most Popular

[the_ad id="945"]