Gaining Ground: Wallbox N.V (WBX) Closes Lower at 0.89, Down -7.27

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The price of Wallbox N.V (NYSE: WBX) closed at $0.89 in the last session, down -7.27% from day before closing price of $0.96. In other words, the price has decreased by -$7.27 from its previous closing price. On the day, 1.06 million shares were traded. WBX stock price reached its highest trading level at $0.99 during the session, while it also had its lowest trading level at $0.82.

Ratios:

We take a closer look at WBX’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 221744384 and an Enterprise Value of 382668320. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 2.283 whereas that against EBITDA is -4.635.

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 -20.48%, while the 200-Day Moving Average is calculated to be -34.84%.

Shares Statistics:

According to the various share statistics, WBX traded on average about 342.92K shares per day over the past 3-months and 494640 shares per day over the past 10 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 5.07, compared to 1726185600 on 1984222. Therefore, it implies a Short% of Shares Outstanding of 1739640 and a Short% of Float of 0.97.

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