TeraWulf Inc (NASDAQ: WULF) is -16.25% lower on its value in year-to-date trading and has touched a low of $0.54 and a high of $4.04 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 WULF stock was last observed hovering at around $1.84 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $2.01, the stock is -6.39% and 1.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.49 million and changing 9.24% at the moment leaves the stock 9.53% off its SMA200. WULF registered 198.44% gain for a year compared to 6-month loss of 9.24%. The firm has a 50-day simple moving average (SMA 50) of $11.04 and a 200-day simple moving average (SMA200) of -$43.61.
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The stock witnessed a 16.86% gain in the last 1 month and extending the period to 3 months gives it a 26.42%, and is -1.95% 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 13.64% over the week and 13.16% over the month.
TeraWulf Inc (WULF) has around 8 employees, a market worth around $484.23M and $55.51M in sales. Fwd P/E is 73.09. Profit margin for the company is -160.14%. Distance from 52-week low is 275.70% and -50.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-43.72%).
TeraWulf Inc quarterly earnings per share for the current quarter are estimated at -$0.03 with sales reaching $23.56M over the same period.The EPS is expected to grow by 55.77% this year, but quarterly earnings will post 362.40% year-over-year. Quarterly sales are estimated to grow 146.30% in year-over-year returns.
TeraWulf Inc (WULF) Top Institutional Holders
153 institutions hold shares in TeraWulf Inc (WULF), with institutional investors hold 46.32% of the company’s shares. The shares outstanding are 145.49M, and float is at 145.12M with Short Float at 22.87%. Institutions hold 27.30% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 8.83 million shares valued at $15.46 million. The investor’s holdings represent 3.81% of the WULF Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 5.12 million shares valued at $8.97 million to account for 2.21% of the shares outstanding. The other top investors are Van Eck Associates Corporation which holds 2.36 million shares representing 1.02% and valued at over $4.14 million, while Geode Capital Management, LLC holds 0.96% of the shares totaling 2.23 million with a market value of $3.9 million.
TeraWulf Inc (WULF) Insider Activity
The most recent transaction is an insider purchase by Prager Paul B.,the company’sChief Executive Officer. SEC filings show that Prager Paul B. bought 50,000 shares of the company’s common stock on Aug 18 ’23 at a price of $1.90 per share for a total of $95000.0. Following the purchase, the insider now owns 0.53 million shares.
TeraWulf Inc disclosed in a document filed with the SEC on Apr 11 ’23 that Prager Paul B. (Chief Executive Officer) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Apr 11 ’23 and was made at $1.37 per share for $0.14 million. Following the transaction, the insider now directly holds 0.47 million shares of the WULF stock.
