Wallbox N.V (NYSE: WBX) is -66.28% lower on its value in year-to-date trading and has touched a low of $0.57 and a high of $2.09 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 WBX stock was last observed hovering at around $0.57 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.59, the stock is -30.22% and -42.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.88% at the moment leaves the stock -55.85% off its SMA200. WBX registered -61.68% loss for a year compared to 6-month loss of -61.18%. The firm has a 50-day simple moving average (SMA 50) of $1.04564 and a 200-day simple moving average (SMA200) of $1.34126.
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The stock witnessed a -39.78% gain in the last 1 month and extending the period to 3 months gives it a -60.40%, and is -27.19% 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 13.32% over the week and 10.10% over the month.
Profit margin for the company is -59.45%. Distance from 52-week low is 3.49% and -71.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.35%).
The EPS is expected to grow by 24.39% this year
The shares outstanding are 187.89M, and float is at 81.22M with Short Float at 3.60%.
The top institutional shareholder in the company is INVESCO LTD. with over 3.57 million shares valued at $4.68 million. The investor’s holdings represent 1.7866 of the WBX Shares outstanding. As of 2024-06-30, the second largest holder is STIFEL FINANCIAL CORP with 1.91 million shares valued at $2.5 million to account for 0.9557 of the shares outstanding. The other top investors are FIRST TRUST ADVISORS LP which holds 0.67 million shares representing 0.3356 and valued at over $0.88 million, while UBS ASSET MANAGEMENT AMERICAS INC holds 0.2143 of the shares totaling 0.43 million with a market value of $0.56 million.
