TeraWulf Inc (NASDAQ: WULF) is -18.02% lower on its value in year-to-date trading and has touched a low of $1.55 and a high of $9.30 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 WULF stock was last observed hovering at around $4.43 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $4.64, the stock is -19.08% and -29.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 72.04 million and changing 4.74% at the moment leaves the stock -2.62% off its SMA200. WULF registered 205.26% gain for a year compared to 6-month gain of 4.98%. The firm has a 50-day simple moving average (SMA 50) of $6.5988 and a 200-day simple moving average (SMA200) of $4.7649.
The stock witnessed a -25.52% loss in the last 1 month and extending the period to 3 months gives it a -25.28%, and is -22.15% 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 16.85% over the week and 11.16% over the month.
TeraWulf Inc (WULF) has around 10 employees, a market worth around $1.79B and $128.35M in sales. Fwd P/E is 46.11. Profit margin for the company is -42.78%. Distance from 52-week low is 199.35% and -50.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.70%).
The EPS is expected to grow by 63.50% this year.
TeraWulf Inc (WULF) Top Institutional Holders
302.0 institutions hold shares in TeraWulf Inc (WULF), with institutional investors hold 64.16% of the company’s shares. The shares outstanding are 382.63M, and float is at 285.88M with Short Float at 23.35%. Institutions hold 46.07% 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.
