TeraWulf Inc (NASDAQ:WULF) has a beta value of 2.31 and has seen 9.46 million shares traded in the last trading session. The company, currently valued at $710.26M, closed the last trade at $2.35 per share which meant it lost -$0.02 on the day or -0.84% during that session. The WULF stock price is -71.91% off its 52-week high price of $4.04 and 62.55% above the 52-week low of $0.88. If we look at the company’s 10-day average daily trading volume, we find that it stood at 20.49 million shares traded. The 3-month trading volume is 20.35 million shares.
TeraWulf Inc (NASDAQ:WULF) trade information
Sporting -0.84% in the red in last session, the stock has traded in the red over the last five days, when the WULF stock price touched $2.35 or saw a rise of 10.31%. Year-to-date, TeraWulf Inc shares have moved -2.08%, while the 5-day performance has seen it change -10.65%. Over the past 30 days, the shares of TeraWulf Inc (NASDAQ:WULF) have changed 25.67%. Short interest in the company has seen 37.69 million shares shorted with days to cover at 1.86.
TeraWulf Inc (WULF) estimates and forecasts
Figures show that TeraWulf Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 111.71% over the past 6 months, with this year growth rate of 137.14%, compared to 11.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 100.00% and 87.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 106.40%.
2 analysts offering their estimates for the company have set an average revenue estimate of $35.9 million for the current quarter. 2 have an estimated revenue figure of $29.68 million for the next quarter concluding in Jun 2024.
WULF Dividends
TeraWulf Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
Insiders own 34.49% of the company shares, while shares held by institutions stand at 21.52% with a share float percentage of 32.85%. Investors are also buoyed by the number of investors in a company, with TeraWulf Inc having a total of 153 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 8.83 million shares worth more than $15.46 million. As of Jun 29, 2023, Vanguard Group Inc held 3.81% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 5.12 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $8.97 million and represent 2.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 2.13% shares in the company for having 4.94 million shares of worth $8.65 million while later fund manager owns 1.62 million shares of worth $2.84 million as of Jun 29, 2023, which makes it owner of about 0.70% of company’s outstanding stock.
