Wallbox N.V (NYSE:WBX) currently has a daily average trading volume of 446.26K but it saw 299046 shares traded in last market. With a market cap of 157.40M USD, the company’s current market price of $0.62 came falling about -0.96 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.09 and as low as $0.50. In the recent trading on the day, stock has struck highest price mark of $0.61 while lowest mark touched by it was $0.6565.
Taking a look at 20-day trading activity of Wallbox N.V (WBX) gives us an average price of $0.7765, while its current price level is -70.33% below from 52-week high level whereas it is 24.00% 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 $0.9679 while that of 200 days or SMA-200 reads an average of $1.3145. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.54% during that period while stretching the period over a month that increases to 10.54%. 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 29.88 which implies that the stock is in oversold territory.
Chardan Capital Markets downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 19, 2023 while assigning a price target of $2.25. UBS also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $5 and $3.
Over the week, WBX’s stock price is moving 5.07% up while it is -35.28% when we observe its performance for the past one month. Year-to-date it is -64.57% down and over the past year, the stock is showing a downside performance of -56.64%.
Currently, Wallbox N.V’s total number of outstanding shares is 187.89M. Company’s return on investment (ROI) stands at -45.35% and return on equity (ROE) at -70.03%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 0.87. Its return on asset (ROA) is -24.61% on average.
