Wallbox N.V (NYSE: WBX) is -42.06% lower on its value in year-to-date trading and has touched a low of $0.25 and a high of $1.64 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 $0.34 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $0.29, the stock is -19.59% and -16.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing -13.64% at the moment leaves the stock -60.95% off its SMA200. WBX registered -79.57% loss for a year compared to 6-month loss of -67.04%.
The stock witnessed a -25.62% gain in the last 1 month and extending the period to 3 months gives it a -37.76%, and is -19.46% 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 15.69% over the week and 10.42% over the month.
Profit margin for the company is -90.90%. Distance from 52-week low is 15.30% and -82.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-95.37%).
The EPS is expected to grow by 66.87% this year
The shares outstanding are 288.72M, and float is at 90.63M with Short Float at 2.48%.
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.
Wallbox N.V (WBX) Insider Activity
Still, SEC filings show that on Aug 29 ’24, Justin E Mirro (Director) Proposed Sale 100,000 shares at an average price of $1.36 for $0.14 million. The insider now directly holds shares of Wallbox N.V (WBX).
