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 $1.06 in the prior trading day, Wallbox N.V (NYSE: WBX) closed at $1.03, down -2.83%. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 0.55 million shares were traded. WBX stock price reached its highest trading level at $1.06 during the session, while it also had its lowest trading level at $1.0.
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 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:
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 256567856 and an Enterprise Value of 413049824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 2.464 whereas that against EBITDA is -5.004.
Stock Price History:
Over the past 52 weeks, WBX has reached a high of $2.36, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -18.95%, while the 200-Day Moving Average is calculated to be -27.14%.
Shares Statistics:
The stock has traded on average 310.21K shares per day over the past 3-months and 290370 shares per day over the last 10 days, according to various share statistics. 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 1727654400 were 1982382 with a Short Ratio of 6.39, compared to 1724976000 on 1859476. Therefore, it implies a Short% of Shares Outstanding of 1982382 and a Short% of Float of 1.11.
