In last trading session, TeraWulf Inc. (NASDAQ:WULF) saw 0.5 million shares changing hands with its beta currently measuring 1.48. Company’s recent per share price level of $0.93 trading at $0.24 or 33.59% at ring of the bell on the day assigns it a market valuation of $115.32M. That closing price of WULF’s stock is at a discount of -3830.11% from its 52-week high price of $36.55 and is indicating a premium of 29.03% from its 52-week low price of $0.66. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.37 million shares which gives us an average trading volume of 271.28K if we extend that period to 3-months.
TeraWulf Inc. (NASDAQ:WULF) trade information
Upright in the green during last session for gaining 33.59%, in the last five days WULF remained trading in the red while hitting it’s week-highest on Friday, 11/18/22 when the stock touched $0.93 price level, adding 20.51% to its value on the day. TeraWulf Inc.’s shares saw a change of -93.84% in year-to-date performance and have moved -22.07% in past 5-day. TeraWulf Inc. (NASDAQ:WULF) showed a performance of -34.23% in past 30-days. Number of shares sold short was 2.07 million shares which calculate 7.87 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $5.00 to the stock, which implies a rise of 81.4% to its current value. Analysts have been projecting $5.00 as a low price target for the stock while placing it at a high target of $5.00. It follows that stock’s current price would drop -437.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -437.63% for stock’s current value.
TeraWulf Inc. (WULF) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $47 million for the same. And 1 analysts are in estimates of company making revenue of $92.7 million in the next quarter that will end on Dec 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -14.72% during past 5 years.
TeraWulf Inc. is more likely to be releasing its next quarterly report between October 26 and October 31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
TeraWulf Inc. (NASDAQ:WULF)’s Major holders
Insiders are in possession of 74.52% of company’s total shares while institution are holding 9.35 percent of that, with stock having share float percentage of 36.68%. Investors also watch the number of corporate investors in a company very closely, which is 9.35% institutions for TeraWulf Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at WULF for having 2.43 million shares of worth $2.92 million. And as of Jun 29, 2022, it was holding 2.28% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 1.52 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 1.42% of outstanding shares, having a total worth of $1.82 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 1.73 million shares of worth $2.08 million or 1.62% of the total outstanding shares. The later fund manager was in possession of 0.51 million shares on Sep 29, 2022, making its stake of worth around $0.64 million in the company or a holder of 0.48% of company’s stock.