WisdomTree Inc (NYSE: WT) is 42.57% higher on its value in year-to-date trading and has touched a low of $6.06 and a high of $12.02 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 $9.98 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $9.88, the stock is 0.96% and -2.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing -1.00% at the moment leaves the stock 10.15% off its SMA200. WT registered 41.14% gain for a year compared to 6-month gain of 2.49%. The firm has a 50-day simple moving average (SMA 50) of $10.1056 and a 200-day simple moving average (SMA200) of $8.98655.
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The stock witnessed a 1.44% loss in the last 1 month and extending the period to 3 months gives it a -0.50%, and is -2.37% 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 1.92% over the week and 2.47% over the month.
WisdomTree Inc (WT) has around 304 employees, a market worth around $1.50B and $385.10M in sales. Current P/E ratio is 22.56 and Fwd P/E is 14.62. Profit margin for the company is 19.10%. Distance from 52-week low is 63.04% and -17.80% from its 52-week high. The company has generated returns on investments over the last 12 months (8.00%).
WisdomTree Inc quarterly earnings per share for the current quarter are estimated at 0.16 with sales reaching $109.58M over the same period.The EPS is expected to grow by 97.60% this year, but quarterly earnings will post 21.60% year-over-year. Quarterly sales are estimated to grow 21.20% in year-over-year returns.
308.0 institutions hold shares in WisdomTree Inc (WT), with institutional investors hold 101.14% of the company’s shares. The shares outstanding are 151.86M, and float is at 133.36M with Short Float at 13.76%. Institutions hold 88.82% of the Float.
WisdomTree Inc (WT) Insider Activity
The most recent transaction is an insider purchase by Steinberg Jonathan L, the company’s Chief Executive Officer. SEC filings show that Steinberg Jonathan L bought 303,781 shares of the company’s common stock on Feb 13 ’24 at a price of $7.20 per share for a total of $2.19 million. Following the purchase, the insider now owns 9.17 million shares.
