With 84.81M Outstanding Shares, Can WideOpenWest Inc (NYSE: WOW) Deliver Big Short-Term Gains?

WideOpenWest Inc (NYSE:WOW) currently has a daily average trading volume of 392.56K but it saw 386245 shares traded in last market. With a market cap of 380.22M USD, the company’s current market price of $4.49 came rising about 6.15 while comparing to the previous closing price of $4.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.80 and as low as $3.33. In the recent trading on the day, stock has struck highest price mark of $4.27 while lowest mark touched by it was $4.53.

Taking a look at 20-day trading activity of WideOpenWest Inc (WOW) gives us an average price of $4.67, while its current price level is -22.59% below from 52-week high level whereas it is 34.83% 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 $4.64 while that of 200 days or SMA-200 reads an average of $4.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.73% during that period while stretching the period over a month that increases to 5.64%. 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 48.01 which implies that the stock is in neutral territory.

Over the week, WOW’s stock price is moving 6.15% up while it is -5.07% when we observe its performance for the past one month. Year-to-date it is -9.48% down and over the past year, the stock is showing an upside performance of 30.14%.

Currently, WideOpenWest Inc’s total number of outstanding shares is 84.81M. Company’s return on investment (ROI) stands at -4.81% and return on equity (ROE) at -25.18%. Stock’s beta reads 1.34. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is -3.57% on average.