Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Wallbox N.V (NYSE: WBX) closed at $0.57 in the last session, up 2.61% from day before closing price of $0.56. In other words, the price has increased by $2.61 from its previous closing price. On the day, 0.29 million shares were traded. WBX stock price reached its highest trading level at $0.5827 during the session, while it also had its lowest trading level at $0.5305.
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 181588448 and an Enterprise Value of 314168672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 1.874 whereas that against EBITDA is -3.806.
Stock Price History:
The Beta on a monthly basis for WBX is 2.04, which has changed by -0.624183 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, WBX has reached a high of $1.73, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -50.59%.
Shares Statistics:
According to the various share statistics, WBX traded on average about 887.79K shares per day over the past 3-months and 930190 shares per day over the past 10 days. A total of 253.87M shares are outstanding, with a floating share count of 81.22M. Insiders hold about 68.01% of the company’s shares, while institutions hold 3.05% stake in the company. Shares short for WBX as of 1735603200 were 2058680 with a Short Ratio of 2.32, compared to 1732838400 on 2355149. Therefore, it implies a Short% of Shares Outstanding of 2058680 and a Short% of Float of 1.15.
