The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.44 in the prior trading day, Wallbox N.V (NYSE: WBX) closed at $0.44, up 0.75%. In other words, the price has increased by $0.75 from its previous closing price. On the day, 1.19 million shares were traded. WBX stock price reached its highest trading level at $0.4514 during the session, while it also had its lowest trading level at $0.439.
Ratios:
Our goal is to gain a better understanding of WBX by taking a closer 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 181588544 and an Enterprise Value of 285308416. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.702 whereas that against EBITDA is -3.456.
Stock Price History:
Over the past 52 weeks, WBX has reached a high of $1.97, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -38.79%, while the 200-Day Moving Average is calculated to be -63.79%.
Shares Statistics:
The stock has traded on average 576.85K shares per day over the past 3-months and 912030 shares per day over the last 10 days, according to various share statistics. 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 1734048000 were 2183057 with a Short Ratio of 3.78, compared to 1731628800 on 2273674. Therefore, it implies a Short% of Shares Outstanding of 2183057 and a Short% of Float of 1.2200001.
