WisdomTree Inc (NYSE:WT) currently has a daily average trading volume of 1.66M but it saw 899998 shares traded in last market. With a market cap of 1.36B USD, the company’s current market price of $9.28 came rising about 2.43 while comparing to the previous closing price of $9.06. 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.
Taking a look at 20-day trading activity of WisdomTree Inc (WT) gives us an average price of $8.58, while its current price level is -25.46% below from 52-week high level whereas it is 24.23% 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 $8.66 while that of 200 days or SMA-200 reads an average of $9.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.60% during that period while stretching the period over a month that increases to 3.86%. 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 62.76 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 6.67% up while it is 20.05% when we observe its performance for the past one month. Year-to-date it is -11.62% down and over the past year, the stock is showing an upside performance of 0.22%.
Currently, WisdomTree Inc’s total number of outstanding shares is 147.03M with 12.84% of that held by the insiders while 95.65% 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 25.42 while having a 13.26 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 3.11. Its return on asset (ROA) is 7.10% on average.
