In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Wallbox N.V (NYSE: WBX) closed at $0.51 down -7.29% from its previous closing price of $0.55. In other words, the price has decreased by -$7.29 from its previous closing price. On the day, 0.63 million shares were traded. WBX stock price reached its highest trading level at $0.5899 during the session, while it also had its lowest trading level at $0.51.
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 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:
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 181588560 and an Enterprise Value of 300042816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 1.79 whereas that against EBITDA is -3.635.
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 $0.50. The 50-Day Moving Average of the stock is -39.27%, while the 200-Day Moving Average is calculated to be -59.65%.
Shares Statistics:
For the past three months, WBX has traded an average of 484.88K shares per day and 549280 over the past ten days. 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 1732838400 were 2355149 with a Short Ratio of 4.86, compared to 1730332800 on 2923326. Therefore, it implies a Short% of Shares Outstanding of 2355149 and a Short% of Float of 1.3099999.
