Wejo Group Limited (NASDAQ: WEJO) is -29.31% lower on its value in year-to-date trading and has touched a low of $0.37 and a high of $4.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WEJO stock was last observed hovering at around $0.39 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $2.75 for the next 12 months. It is also 91.5% off the consensus price target high of $4.00 offered by 2 analysts, but current levels are 77.33% higher than the price target low of $1.50 for the same period.
Currently trading at $0.34, the stock is -45.62% and -48.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.57 million and changing -12.84% at the moment leaves the stock -67.81% off its SMA200. WEJO registered -89.85% loss for a year compared to 6-month loss of -68.22%.
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The stock witnessed a -52.89% gain in the last 1 month and extending the period to 3 months gives it a -49.19%, and is -43.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 24.47% over the week and 13.39% over the month.
Wejo Group Limited (WEJO) has around 296 employees, a market worth around $35.16M and $6.10M in sales. Distance from 52-week low is -7.83% and -92.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-226.90%).
Wejo Group Limited (WEJO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Wejo Group Limited (WEJO) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Wejo Group Limited is expected to release its quarterly report on 05/15/2023.The EPS is expected to shrink by -283.20% this year
Wejo Group Limited (WEJO) Top Institutional Holders
The shares outstanding are 104.57M, and float is at 77.49M with Short Float at 1.70%.