Will Wallbox N.V (WBX) benefit from Wall Street bulls Calls?

Wallbox N.V (NYSE: WBX) is 21.83% higher on its value in year-to-date trading and has touched a low of $0.41 and a high of $1.87 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 WBX stock was last observed hovering at around $0.67 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $0.61, the stock is 15.25% and -11.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing -8.27% at the moment leaves the stock -49.31% off its SMA200. WBX registered -62.35% loss for a year compared to 6-month loss of -53.44%. The firm has a 50-day simple moving average (SMA 50) of $0.6861 and a 200-day simple moving average (SMA200) of $1.203315.

The stock witnessed a -8.97% gain in the last 1 month and extending the period to 3 months gives it a -47.41%, and is 38.98% 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 19.41% over the week and 13.56% over the month.

Profit margin for the company is -59.45%. Distance from 52-week low is 47.70% and -67.38% 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 10.05% this year.

Wallbox N.V (WBX) Top Institutional Holders

The shares outstanding are 253.87M, and float is at 81.22M with Short Float at 2.69%.

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.