WisdomTree Inc (NYSE:WT) currently has a daily average trading volume of 1.71M but it saw 1653906 shares traded in last market. With a market cap of 1.25B USD, the company’s current market price of $8.51 came rising about 1.55 while comparing to the previous closing price of $8.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.45 and as low as $7.47. In the recent trading on the day, stock has struck highest price mark of $8.46 while lowest mark touched by it was $8.82.
Taking a look at 20-day trading activity of WisdomTree Inc (WT) gives us an average price of $8.45, while its current price level is -31.65% below from 52-week high level whereas it is 13.92% 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 $8.78 while that of 200 days or SMA-200 reads an average of $9.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.96% during that period while stretching the period over a month that increases to 4.29%. 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 50.33 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 1.79% up while it is -5.97% when we observe its performance for the past one month. Year-to-date it is -18.95% down and over the past year, the stock is showing a downside performance of -2.52%.
The company is expected to be releasing its next quarterly report on 2025-Jan-30, for which analysts forecasted an EPS of 0.15 while estimate for next year EPS is 0.68. In next quarter, company is expected to be making quarterly sales of $109.96M as analysts are expecting the sales for current fiscal year at $443.44M and seeing the company making $460.93M in sales next year. Moreover, analysts are in estimates of $108.98M for current-quarter revenue.
Currently, WisdomTree Inc’s total number of outstanding shares is 147.05M with 12.83% of that held by the insiders while 96.67% 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 25.48 while having a 11.99 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 3.01 while price to sale or P/S ratio amounts to 2.93. Its return on asset (ROA) is 6.70% on average.
