WisdomTree Inc. (NYSE: WT) is 24.77% higher on its value in year-to-date trading and has touched a low of $4.60 and a high of $7.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WT stock was last observed hovering at around $6.86 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $6.80, the stock is 1.83% and 8.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -0.87% at the moment leaves the stock 21.34% off its SMA200. WT registered 17.24% gain for a year compared to 6-month gain of 35.73%. The firm has a 50-day simple moving average (SMA 50) of $3.25 and a 200-day simple moving average (SMA200) of $17.44.
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The stock witnessed a 10.03% loss in the last 1 month and extending the period to 3 months gives it a 11.84%, and is -3.13% 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 1.88% over the week and 2.63% over the month.
WisdomTree Inc. (WT) has around 273 employees, a market worth around $1.02B and $305.00M in sales. Current P/E ratio is 15.49 and Fwd P/E is 16.71. Profit margin for the company is 19.50%. Distance from 52-week low is 47.83% and -6.34% from its 52-week high. The company has generated returns on investments over the last 12 months (11.30%).
WisdomTree Inc. (WT) Analyst Forecasts
WisdomTree Inc. is expected to release its quarterly report on 07/28/2023.The EPS is expected to grow by 3.10% this year
WisdomTree Inc. (WT) Top Institutional Holders
The shares outstanding are 143.13M, and float is at 109.94M with Short Float at 7.46%.
WisdomTree Inc. (WT) Insider Activity
A total of 26 insider transactions have happened at WisdomTree Inc. (WT) in the last six months, with sales accounting for 13 and purchases happening 13 times.
WisdomTree Inc. (WT): Who are the competitors?
The company’s main competitors (and peers) include Artisan Partners Asset Management Inc. (APAM) that is trading -7.92% down over the past 12 months and T. Rowe Price Group Inc. (TROW) that is -13.50% lower over the same period. AllianceBernstein Holding L.P. (AB) is -15.70% down on the 1-year trading charts.
