TeraWulf Inc (NASDAQ: WULF) is 241.67% higher on its value in year-to-date trading and has touched a low of $1.24 and a high of $9.30 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 WULF stock was last observed hovering at around $8.24 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $8.20, the stock is 10.42% and 22.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.46 million and changing -0.49% at the moment leaves the stock 91.66% off its SMA200. WULF registered 360.67% gain for a year compared to 6-month gain of 81.82%. The firm has a 50-day simple moving average (SMA 50) of $6.6382 and a 200-day simple moving average (SMA200) of $4.2472.
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The stock witnessed a 14.21% loss in the last 1 month and extending the period to 3 months gives it a 101.97%, and is 22.02% up 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 11.28% over the week and 11.37% over the month.
TeraWulf Inc (WULF) has around 10 employees, a market worth around $3.16B and $128.35M in sales. Fwd P/E is 99.96. Profit margin for the company is -42.78%. Distance from 52-week low is 561.29% and -11.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.70%).
with sales reaching $37.71M over the same period.The EPS is expected to grow by 56.16% this year, but quarterly earnings will post 106.25% year-over-year. Quarterly sales are estimated to grow 61.96% in year-over-year returns.
TeraWulf Inc (WULF) Top Institutional Holders
288.0 institutions hold shares in TeraWulf Inc (WULF), with institutional investors hold 64.60% of the company’s shares. The shares outstanding are 382.63M, and float is at 286.00M with Short Float at 19.76%. Institutions hold 46.17% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.53 million shares valued at $86.9 million. The investor’s holdings represent 6.7196% of the WULF Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.2 million shares valued at $80.99 million to account for 6.2628 of the shares outstanding. The other top investors are TWO SIGMA INVESTMENTS, LP which holds 7.12 million shares representing 2.4509% and valued at over $31.7 million, while BERYL CAPITAL MANAGEMENT LLC holds 2.2949 of the shares totaling 6.67 million with a market value of $29.68 million.
TeraWulf Inc (WULF) Insider Activity
The most recent transaction is an insider sale by Deane Kenneth J, the company’s Chief Acct Officer + Treasurer. SEC filings show that Deane Kenneth J sold 69,996 shares of the company’s common stock on Jun 07 ’24 at a price of $3.25 per share for a total of $0.23 million. Following the sale, the insider now owns 0.34 million shares.
