Wallbox N.V (NYSE:WBX) currently has a daily average trading volume of 507.94K but it saw 245089 shares traded in last market. With a market cap of 94.44M USD, the company’s current market price of $0.37 came rising about 4.58 while comparing to the previous closing price of $0.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.64 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.3402 while lowest mark touched by it was $0.3999.
Taking a look at 20-day trading activity of Wallbox N.V (WBX) gives us an average price of $0.3329, while its current price level is -77.32% below from 52-week high level whereas it is 47.85% 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 $0.3898 while that of 200 days or SMA-200 reads an average of $0.8424. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.32% during that period while stretching the period over a month that decreases to 11.63%. 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 54.01 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 8.45% up while it is 8.90% when we observe its performance for the past one month. Year-to-date it is -25.70% down and over the past year, the stock is showing a downside performance of -73.04%.
Currently, Wallbox N.V’s total number of outstanding shares is 253.87M with 55.68% of that held by the insiders while 9.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -59.87%. Stock’s beta reads 1.91. Stock has a price to book (P/B) ratio of 0.77 while price to sale or P/S ratio amounts to 0.53.
