Westwater Resources Inc (AMEX: WWR) is 70.14% higher on its value in year-to-date trading and has touched a low of $0.45 and a high of $1.32 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 WWR stock was last observed hovering at around $0.69 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $0.89, the stock is 42.97% and 59.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.85 million and changing 28.61% at the moment leaves the stock 42.52% off its SMA200. WWR registered 25.64% gain for a year compared to 6-month loss of 15.51%. The firm has a 50-day simple moving average (SMA 50) of $0.5566 and a 200-day simple moving average (SMA200) of $0.62485.
The stock witnessed a 56.33% gain in the last 1 month and extending the period to 3 months gives it a 48.33%, and is 50.34% 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 12.82% over the week and 8.05% over the month.
Westwater Resources Inc (WWR) has around 21 employees, a market worth around $69.14M and $0.00M in sales. Fwd P/E is 5.24. Distance from 52-week low is 97.78% and -32.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.22%).
The EPS is expected to grow by 22.73% this year.
Westwater Resources Inc (WWR) Top Institutional Holders
58.0 institutions hold shares in Westwater Resources Inc (WWR), with institutional investors hold 8.39% of the company’s shares. The shares outstanding are 72.10M, and float is at 67.76M with Short Float at 1.43%. Institutions hold 7.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.01 million shares valued at $0.97 million. The investor’s holdings represent 3.494% of the WWR Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.48 million shares valued at $0.23 million to account for 0.8301 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.37 million shares representing 0.6518% and valued at over $0.18 million, while SQUAREPOINT OPS LLC holds 0.2379 of the shares totaling 0.14 million with a market value of $65821.0.
Westwater Resources Inc (WWR) Insider Activity
The most recent transaction is an insider purchase by Cryan Terence James, the company’s Director. SEC filings show that Cryan Terence James bought 50,000 shares of the company’s common stock on Dec 23 ’24 at a price of $0.54 per share for a total of $27068.0. Following the purchase, the insider now owns 0.45 million shares.