Market Momentum: WideOpenWest Inc (WOW) Registers a 0.22 Increase, Closing at 4.65

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

WideOpenWest Inc (NYSE: WOW) closed the day trading at $4.65 up 0.22% from the previous closing price of $4.64. In other words, the price has increased by $0.22 from its previous closing price. On the day, 1.42 million shares were traded. WOW stock price reached its highest trading level at $4.755 during the session, while it also had its lowest trading level at $4.475.

Ratios:

For a better understanding of WOW, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 4.06 whereas as Long-Term Debt/Eq ratio is at 3.97.

KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on April 04, 2023, while the target price for the stock was maintained at $14.

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 May 06 ’24 when Elder Teresa L sold 889 shares for $5.01 per share. The transaction valued at 4,453 led to the insider holds 1,635,787 shares of the business.

Elder Teresa L sold 19,111 shares of WOW for $95,628 on May 03 ’24. The Chief Executive Officer now owns 1,636,676 shares after completing the transaction at $5.00 per share. On May 03 ’24, another insider, Schena Don, who serves as the Chief Customer Exper. Officer of the company, sold 10,000 shares for $5.00 each. As a result, the insider received 50,034 and left with 286,413 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WOW now has a Market Capitalization of 393236064 and an Enterprise Value of 1326313088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 1.931 whereas that against EBITDA is 7.173.

Stock Price History:

Over the past 52 weeks, WOW has reached a high of $9.06, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is 29.26%, while the 200-Day Moving Average is calculated to be -10.47%.

Shares Statistics:

Over the past 3-months, WOW traded about 745.90K shares per day on average, while over the past 10 days, WOW traded about 1196600 shares per day. A total of 83.56M shares are outstanding, with a floating share count of 49.20M. Insiders hold about 41.82% of the company’s shares, while institutions hold 50.37% stake in the company. Shares short for WOW as of 1713139200 were 1385631 with a Short Ratio of 1.86, compared to 1710460800 on 1848626. Therefore, it implies a Short% of Shares Outstanding of 1385631 and a Short% of Float of 2.8399997999999997.

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