WideOpenWest Inc (NYSE: WOW) is 32.10% higher on its value in year-to-date trading and has touched a low of $2.31 and a high of $7.99 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 WOW stock was last observed hovering at around $5.06 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $5.35, the stock is -3.24% and 0.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 5.73% at the moment leaves the stock 23.05% off its SMA200. WOW registered -28.76% loss for a year compared to 6-month gain of 74.27%.
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The stock witnessed a 0.56% loss in the last 1 month and extending the period to 3 months gives it a 6.36%, and is -4.63% 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 6.09% over the week and 4.18% over the month.
WideOpenWest Inc (WOW) has around 1360 employees, a market worth around $453.09M and $662.20M in sales. Profit margin for the company is -26.25%. Distance from 52-week low is 131.60% and -33.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.34%).
The EPS is expected to grow by 85.22% this year
148.0 institutions hold shares in WideOpenWest Inc (WOW), with institutional investors hold 84.14% of the company’s shares. The shares outstanding are 83.56M, and float is at 49.62M with Short Float at 4.20%. Institutions hold 80.69% of the Float.
The top institutional shareholder in the company is CRESTVIEW PARTNERS III GP, L.P. with over 31.62 million shares valued at $171.08 million. The investor’s holdings represent 38.8748 of the WOW Shares outstanding. As of 2024-06-30, the second largest holder is LB PARTNERS LLC with 6.59 million shares valued at $35.64 million to account for 8.0975 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.73 million shares representing 4.585 and valued at over $20.18 million, while ALBERTA INVESTMENT MANAGEMENT CORP holds 4.0142 of the shares totaling 3.27 million with a market value of $17.67 million.
WideOpenWest Inc (WOW) Insider Activity
The most recent transaction is an insider sale by Elder Teresa L, the company’s Chief Executive Officer. SEC filings show that Elder Teresa L sold 20,000 shares of the company’s common stock on Sep 03 ’24 at a price of $5.48 per share for a total of $0.11 million. Following the sale, the insider now owns 1.56 million shares.
WideOpenWest Inc disclosed in a document filed with the SEC on Aug 01 ’24 that Schena Don (Chief Customer Exper. Officer) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $5.29 per share for $52922.0. Following the transaction, the insider now directly holds 0.28 million shares of the WOW stock.
Still, SEC filings show that on Aug 01 ’24, Elder Teresa L (Chief Executive Officer) disposed off 20,000 shares at an average price of $5.29 for $0.11 million. The insider now directly holds 1,575,787 shares of WideOpenWest Inc (WOW).
