Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Wallbox N.V (NYSE: WBX) closed at $0.90 up 1.12% from its previous closing price of $0.89. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.64 million shares were traded. WBX stock price reached its highest trading level at $0.9288 during the session, while it also had its lowest trading level at $0.8238.
Ratios:
For a deeper understanding of Wallbox N.V’s stock, let’s take a closer look at its various 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 September 27, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $5 to $3.
TD Cowen Downgraded its Outperform to Market Perform on August 03, 2023, while the target price for the stock was maintained at $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 226675792 and an Enterprise Value of 384798080. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 2.295 whereas that against EBITDA is -4.661.
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 $0.87. The 50-Day Moving Average of the stock is -26.86%, while the 200-Day Moving Average is calculated to be -35.52%.
Shares Statistics:
For the past three months, WBX has traded an average of 344.01K shares per day and 530290 over the past ten days. A total of 187.89M shares are outstanding, with a floating share count of 112.96M. Insiders hold about 55.50% 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 5.06, compared to 1726185600 on 1984222. Therefore, it implies a Short% of Shares Outstanding of 1739640 and a Short% of Float of 0.97.
