Market Watch Highlights: TeraWulf Inc (WULF) Ends on an Upturn Note at 2.71

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As of close of business last night, TeraWulf Inc’s stock clocked out at $2.71, up 5.04% from its previous closing price of $2.58. In other words, the price has increased by $5.04 from its previous closing price. On the day, 21.3 million shares were traded. WULF stock price reached its highest trading level at $2.79 during the session, while it also had its lowest trading level at $2.42.

Ratios:

To gain a deeper understanding of WULF’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rosenblatt on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $4.20.

On October 18, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $3.

On September 07, 2023, Compass Point started tracking the stock assigning a Buy rating and target price of $3.Compass Point initiated its Buy rating on September 07, 2023, with a $3 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 18 ’23 when Prager Paul B. bought 50,000 shares for $1.90 per share. The transaction valued at 95,000 led to the insider holds 525,000 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WULF now has a Market Capitalization of 819056896 and an Enterprise Value of 860872064. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.83 while its Price-to-Book (P/B) ratio in mrq is 3.52. Its current Enterprise Value per Revenue stands at 12.435 whereas that against EBITDA is 6238.203.

Stock Price History:

Over the past 52 weeks, WULF has reached a high of $4.04, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is 25.38%, while the 200-Day Moving Average is calculated to be 41.06%.

Shares Statistics:

It appears that WULF traded 18.96M shares on average per day over the past three months and 14121710 shares per day over the past ten days. A total of 276.73M shares are outstanding, with a floating share count of 203.99M. Insiders hold about 32.51% of the company’s shares, while institutions hold 20.81% stake in the company. Shares short for WULF as of 1711584000 were 39669339 with a Short Ratio of 2.09, compared to 1709164800 on 33740696. Therefore, it implies a Short% of Shares Outstanding of 39669339 and a Short% of Float of 17.4.

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