TeraWulf Inc (NASDAQ: WULF) Now $0.89 Higher From Its Low (6.78), Does It Still Have A Growth Story?

TeraWulf Inc (NASDAQ:WULF) currently has a daily average trading volume of 22.26M but it saw 47844746 shares traded in last market. With a market cap of 2.93B USD, the company’s current market price of $7.67 came rising about 23.51 while comparing to the previous closing price of $6.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.28 and as low as $0.89. In the recent trading on the day, stock has struck highest price mark of $6.8 while lowest mark touched by it was $7.675.

Taking a look at 20-day trading activity of TeraWulf Inc (WULF) gives us an average price of $5.87, while its current price level is 5.36% below from 52-week high level whereas it is 760.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.96 while that of 200 days or SMA-200 reads an average of $3.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.50% during that period while stretching the period over a month that increases to 9.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.60 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Needham which initiated the stock as “Buy” in its note to investors issued on September 04, 2024, recommending a price target of $6 for it. ROTH MKM also issued its recommendations for the stock as it initiated the price target for the stock is $6.50.

Over the week, WULF’s stock price is moving 11.32% up while it is 96.16% when we observe its performance for the past one month. Year-to-date it is 219.58% up and over the past year, the stock is showing an upside performance of 623.58%.

Currently, TeraWulf Inc’s total number of outstanding shares is 276.73M. Company’s return on investment (ROI) stands at -13.24% and return on equity (ROE) at -19.20%. It has a 95.88 of forward P/E ratio. Stock’s beta reads 2.56. Stock has a price to book (P/B) ratio of 7.62 while price to sale or P/S ratio amounts to 24.40. Its return on asset (ROA) is -12.84% on average.