The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Wallbox N.V (NYSE: WBX) closed the day trading at $0.67 down -10.61% from the previous closing price of $0.75. In other words, the price has decreased by -$10.61 from its previous closing price. On the day, 0.79 million shares were traded. WBX stock price reached its highest trading level at $0.7493 during the session, while it also had its lowest trading level at $0.67.
Ratios:
For a better understanding of WBX, let’s look at its different ratios. 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:
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 166918560 and an Enterprise Value of 352112960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 2.1 whereas that against EBITDA is -4.265.
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 $0.73. The 50-Day Moving Average of the stock is -36.73%, while the 200-Day Moving Average is calculated to be -50.20%.
Shares Statistics:
Over the past 3-months, WBX traded about 367.26K shares per day on average, while over the past 10 days, WBX traded about 613300 shares per day. A total of 187.89M 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 1730332800 were 2923326 with a Short Ratio of 7.96, compared to 1727654400 on 1982382. Therefore, it implies a Short% of Shares Outstanding of 2923326 and a Short% of Float of 1.63.