During the recent session, TeraWulf Inc (NASDAQ:WULF)’s traded shares were 8.88 million, with the beta value of the company hitting 2.31. At the last check today, the stock’s price was $2.47, reflecting an intraday gain of 6.22% or $0.14. The 52-week high for the WULF share is $4.04, that puts it down -63.56 from that peak though still a striking 64.37% gain since the share price plummeted to a 52-week low of $0.88. The company’s market capitalization is $748.04M, and the average intraday trading volume over the past 10 days was 25.27 million shares, and the average trade volume was 20.46 million shares over the past three months.
TeraWulf Inc (NASDAQ:WULF) trade information
TeraWulf Inc (WULF) registered a 6.22% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.22% in intraday trading to $2.47, hitting a weekly high. The stock’s 5-day price performance is -8.33%, and it has moved by 43.48% in 30 days. Based on these gigs, the overall price performance for the year is 140.29%. The short interest in TeraWulf Inc (NASDAQ:WULF) is 37.69 million shares and it means that shorts have 1.86 day(s) to cover.
TeraWulf Inc (WULF) estimates and forecasts
Statistics show that TeraWulf Inc has outperformed its competitors in share price, compared to the industry in which it operates. TeraWulf Inc (WULF) shares have gone up 131.31% during the last six months, with a year-to-date growth rate more than the industry average at 137.14% against 11.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 100.00% this quarter and then jump 87.50% in the quarter after that. In the rating firms’ projections, revenue will increase 106.40% compared to the previous financial year.
Revenue for the current quarter is expected to be $35.9 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $29.68 million by the end of Jun 2024.
WULF Dividends
TeraWulf Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
TeraWulf Inc insiders own 34.49% of total outstanding shares while institutional holders control 21.52%, with the float percentage being 32.85%. Vanguard Group Inc is the largest shareholder of the company, while 153 institutions own stock in it. As of Jun 29, 2023, the company held over 8.83 million shares (or 3.81% of all shares), a total value of $15.46 million in shares.
The next largest institutional holding, with 5.12 million shares, is of Blackrock Inc.’s that is approximately 2.21% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $8.97 million.
Also, the Mutual Funds coming in first place with the largest holdings of TeraWulf Inc (WULF) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 4.94 million shares. This amounts to just over 2.13 percent of the company’s overall shares, with a $8.65 million market value. The same data shows that the other fund manager holds slightly less at 1.62 million, or about 0.70% of the stock, which is worth about $2.84 million.
