Look Past The Setbacks And Give Westwater Resources Inc (AMEX: WWR) Another Chance

Westwater Resources Inc (AMEX:WWR) currently has a daily average trading volume of 749.30K but it saw 4826319 shares traded in last market. With a market cap of 43.26M USD, the company’s current market price of $0.60 came rising about 10.84 while comparing to the previous closing price of $0.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.32 and as low as $0.40. In the recent trading on the day, stock has struck highest price mark of $0.5418 while lowest mark touched by it was $0.6327.

Taking a look at 20-day trading activity of Westwater Resources Inc (WWR) gives us an average price of $0.5571, while its current price level is -54.51% below from 52-week high level whereas it is 49.44% 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 $0.6781 while that of 200 days or SMA-200 reads an average of $0.6130. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.31% during that period while stretching the period over a month that decreases to 9.27%. 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 52.35 which implies that the stock is in neutral territory.

Over the week, WWR’s stock price is moving 15.38% up while it is -1.77% when we observe its performance for the past one month. Year-to-date it is -15.30% down and over the past year, the stock is showing an upside performance of 27.96%.

The company is expected to be releasing its next quarterly report on 2017-Aug-11, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.19.

Currently, Westwater Resources Inc’s total number of outstanding shares is 72.10M with 2.43% of that held by the insiders while 6.47% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.50% and return on equity (ROE) at -9.25%. It has a 3.33 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 0.29. Its return on asset (ROA) is -8.55% on average.