Wallbox N.V (NYSE:WBX) currently has a daily average trading volume of 708.40K but it saw 3777643 shares traded in last market. With a market cap of 168.82M USD, the company’s current market price of $0.67 came rising about 32.81 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.87 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.52 while lowest mark touched by it was $0.6968.
Taking a look at 20-day trading activity of Wallbox N.V (WBX) gives us an average price of $0.5301, while its current price level is -64.44% below from 52-week high level whereas it is 61.02% 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 $0.6935 while that of 200 days or SMA-200 reads an average of $1.2074. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.58% during that period while stretching the period over a month that decreases to 12.70%. 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 58.71 which implies that the stock is in neutral 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 44.47% up while it is -2.78% when we observe its performance for the past one month. Year-to-date it is 32.81% up and over the past year, the stock is showing a downside performance of -60.18%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.21. Moreover, analysts are in estimates of $44.72M for current-quarter revenue.
Currently, Wallbox N.V’s total number of outstanding shares is 253.87M. Company’s return on investment (ROI) stands at -45.35% and return on equity (ROE) at -70.03%. Stock’s beta reads 2.04. Stock has a price to book (P/B) ratio of 1.38 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is -24.61% on average.
