Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Wallbox N.V (NYSE: WBX) was $0.52 for the day, down -2.28% from the previous closing price of $0.53. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 0.53 million shares were traded. WBX stock price reached its highest trading level at $0.5762 during the session, while it also had its lowest trading level at $0.4988.
Ratios:
Our analysis of WBX’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 181588528 and an Enterprise Value of 301781376. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.8 whereas that against EBITDA is -3.656.
Stock Price History:
Over the past 52 weeks, WBX has reached a high of $1.73, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -19.49%, while the 200-Day Moving Average is calculated to be -56.01%.
Shares Statistics:
WBX traded an average of 875.66K shares per day over the past three months and 2083380 shares per day 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 1735603200 were 2058680 with a Short Ratio of 2.35, compared to 1732838400 on 2355149. Therefore, it implies a Short% of Shares Outstanding of 2058680 and a Short% of Float of 1.15.
