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Check out this: TeraWulf Inc (WULF) could be on the verge of a big rally

TeraWulf Inc (NASDAQ: WULF) is -60.25% lower on its value in year-to-date trading and has touched a low of $1.91 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 $2.35 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $2.25, the stock is -15.00% and -33.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 30.86 million and changing -4.26% at the moment leaves the stock -54.78% off its SMA200. WULF registered 14.80% gain for a year compared to 6-month loss of -56.73%. The firm has a 50-day simple moving average (SMA 50) of $3.382 and a 200-day simple moving average (SMA200) of $4.976.

The stock witnessed a -29.91% gain in the last 1 month and extending the period to 3 months gives it a -64.84%, and is -5.46% 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 9.57% over the week and 12.10% over the month.

TeraWulf Inc (WULF) has around 12 employees, a market worth around $863.14M and $140.05M in sales. Fwd P/E is 19.06. Profit margin for the company is -52.34%. Distance from 52-week low is 17.80% and -75.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.96%).

with sales reaching $45.72M over the same period.The EPS is expected to grow by 42.86% this year, but quarterly earnings will post 69.23% year-over-year. Quarterly sales are estimated to grow 7.75% in year-over-year returns.

TeraWulf Inc (WULF) Top Institutional Holders

356.0 institutions hold shares in TeraWulf Inc (WULF), with institutional investors hold 71.41% of the company’s shares. The shares outstanding are 385.65M, and float is at 286.30M with Short Float at 30.17%. Institutions hold 52.18% 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 5.7322% 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 5.3425 of the shares outstanding. The other top investors are TWO SIGMA INVESTMENTS, LP which holds 7.12 million shares representing 2.0908% and valued at over $31.7 million, while DEUTSCHE BANK AG holds 2.061 of the shares totaling 5.99 million with a market value of $26.65 million.

TeraWulf Inc (WULF) Insider Activity

The most recent transaction is an insider purchase by Bucella Michael C., the company’s Director. SEC filings show that Bucella Michael C. bought 4,796 shares of the company’s common stock on Jan 27 ’25 at a price of $4.17 per share for a total of $19999.0. Following the purchase, the insider now owns 0.21 million shares.

TeraWulf Inc disclosed in a document filed with the SEC on Jun 07 ’24 that Deane Kenneth J (Chief Acct Officer + Treasurer) sold a total of 69,996 shares of the company’s common stock. The trade occurred on Jun 07 ’24 and was made at $3.25 per share for $0.23 million. Following the transaction, the insider now directly holds 0.34 million shares of the WULF stock.

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