Wallbox N.V (NYSE: WBX) is -65.70% lower on its value in year-to-date trading and has touched a low of $0.50 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 $0.63 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.60, the stock is -15.41% and -34.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -4.20% at the moment leaves the stock -53.53% off its SMA200. WBX registered -69.53% loss for a year compared to 6-month loss of -57.73%. The firm has a 50-day simple moving average (SMA 50) of $0.92336 and a 200-day simple moving average (SMA200) of $1.29594.
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The stock witnessed a -38.76% gain in the last 1 month and extending the period to 3 months gives it a -51.20%, and is -3.19% 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 9.61% over the week and 10.98% over the month.
Profit margin for the company is -59.45%. Distance from 52-week low is 20.04% and -71.28% 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 24.71% this year
The shares outstanding are 253.87M, and float is at 81.22M with Short Float at 2.80%.
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.
