WisdomTree Inc (NYSE:WT) currently has a daily average trading volume of 1.76M but it saw 1461966 shares traded in last market. With a market cap of 1.29B USD, the company’s current market price of $8.78 came rising about 2.09 while comparing to the previous closing price of $8.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.45 and as low as $7.96. In the recent trading on the day, stock has struck highest price mark of $8.56 while lowest mark touched by it was $8.875.
Taking a look at 20-day trading activity of WisdomTree Inc (WT) gives us an average price of $8.77, while its current price level is -29.48% below from 52-week high level whereas it is 10.30% 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 $9.31 while that of 200 days or SMA-200 reads an average of $10.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.89% during that period while stretching the period over a month that increases to 3.05%. 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 45.47 which implies that the stock is in neutral territory.
Northland Capital upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on April 03, 2024 while assigning a price target of $12. Craig Hallum issued its recommendations for the stock as it initiated the price target for the stock is $12.
Over the week, WT’s stock price is moving 5.78% up while it is -6.30% when we observe its performance for the past one month. Year-to-date it is -16.38% down and over the past year, the stock is showing a downside performance of -1.13%.
The company is expected to be releasing its next quarterly report on 2025-Jan-30, for which analysts forecasted an EPS of 0.16 while estimate for next year EPS is 0.7. In next quarter, company is expected to be making quarterly sales of $111.77M as analysts are expecting the sales for current fiscal year at $451.46M and seeing the company making $482.56M in sales next year. Moreover, analysts are in estimates of $108.52M for current-quarter revenue.
Currently, WisdomTree Inc’s total number of outstanding shares is 147.05M with 12.86% of that held by the insiders while 99.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.90% and return on equity (ROE) at 16.50%. It has a price to earnings ratio (P/E ratio) of 26.29 while having a 11.49 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 3.10 while price to sale or P/S ratio amounts to 3.02. Its return on asset (ROA) is 6.70% on average.
