Predicting Future Price Moves In Westwater Resources Inc (WWR)

Westwater Resources Inc (AMEX:WWR) does about 130.80K shares in volume on a normal day but saw 3787747 shares change hands in the recent trading day. The company now has a market cap of 35.97M USD. Its current market price is $0.61, marking an increase of 17.31% compared to the previous close of $0.52. The 52 week high reached by this stock is $0.88 whilst the lowest price level in 52 weeks is $0.40.

Westwater Resources Inc (WWR) has a 20-day trading average at $0.5227 and the current price is -30.68% off the 52-week high compared with 51.93% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5199 and its 200-day simple moving average is $0.5015. If we look at the stock’s price movements over the week, volatility stands at 5.91%, which decreases to 3.94% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.42 to suggest the stock is overbought.

The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 79.67% over the period.

The current price level is 16.70%, 17.34%, and 21.63% away from its SMA20, SMA50, and SMA200 respectively, with the WWR price moving below the 50-day SMA on current market day. Westwater Resources Inc (WWR) stock is up 19.14% over the week and 11.01% over the past month. Its price is 7.98% year-to-date and 10.31% over the past year.

The stock last released its quarterly earnings report for quarter ended 6/30/2017, with the company’s earnings per share (EPS) of -0.75 above consensus estimates by 0.07. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 79.67 percent from here.

The company has a return on investment of -6.26% and return on equity of -6.17%. The beta has a value of 1.61. Price to book ratio is 0.26.