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.
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.
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.