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Wallbox N.V (NYSE:WBX) Is 12.68% Above Its 52-Week Low, But How Long Will It Remain So?

In last trading session, Wallbox N.V (NYSE:WBX) saw 0.38 million shares changing hands with its beta currently measuring 2.35. Company’s recent per share price level of $1.42 trading at -$0.09 or -5.96% at ring of the bell on the day assigns it a market valuation of $278.92M. That closing price of WBX’s stock is at a discount of -359.86% from its 52-week high price of $6.53 and is indicating a premium of 12.68% from its 52-week low price of $1.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.06 million shares which gives us an average trading volume of 697.70K if we extend that period to 3-months.

For Wallbox N.V (WBX), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.

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Wallbox N.V (NYSE:WBX) trade information

Upright in the red during last session for losing -5.96%, in the last five days WBX remained trading in the green while hitting it’s week-highest on Wednesday, 11/15/23 when the stock touched $1.42 price level, adding 14.46% to its value on the day. Wallbox N.V’s shares saw a change of -60.34% in year-to-date performance and have moved 2.90% in past 5-day. Wallbox N.V (NYSE:WBX) showed a performance of -27.55% in past 30-days. Number of shares sold short was 6.12 million shares which calculate 9.73 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $3.15 to the stock, which implies a rise of 54.92% to its current value. Analysts have been projecting $1.64 as a low price target for the stock while placing it at a high target of $4.67. It follows that stock’s current price would drop -228.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -15.49% for stock’s current value.

Wallbox N.V (WBX) estimates and forecasts

This year revenue growth is estimated to rise 114.00% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $30.57 million for the same.

WBX Dividends

Wallbox N.V is more likely to be releasing its next quarterly report on November 09 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.

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