How Will Wallbox N.V (NYSE: WBX) Look After It Drops -114.41% From Its Highs?

During the last session, Wallbox N.V (NYSE:WBX)’s traded shares were 0.33 million, with the beta value of the company hitting 2.12. At the end of the trading day, the stock’s price was $1.18, reflecting an intraday gain of 8.26% or $0.09. The 52-week high for the WBX share is $2.53, that puts it down -114.41 from that peak though still a striking 12.71% gain since the share price plummeted to a 52-week low of $1.03. The company’s market capitalization is $299.57M, and the average intraday trading volume over the past 10 days was 0.25 million shares, and the average trade volume was 317.86K shares over the past three months.

Wallbox N.V (WBX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.14. WBX has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wallbox N.V (NYSE:WBX) trade information

Wallbox N.V (WBX) registered a 8.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.26% in intraday trading to $1.18, hitting a weekly high. The stock’s 5-day price performance is 4.42%, and it has moved by -11.94% in 30 days. Based on these gigs, the overall price performance for the year is -50.63%. The short interest in Wallbox N.V (NYSE:WBX) is 1.98 million shares and it means that shorts have 7.07 day(s) to cover.

The consensus price target of analysts on Wall Street is $16, which implies an increase of 92.62% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $16 respectively. As a result, WBX is trading at a discount of -1255.93% off the target high and -1255.93% off the low.

Wallbox N.V (WBX) estimates and forecasts

In the rating firms’ projections, revenue will increase 114.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 30.57M as predicted by 3 analyst(s).

While earnings are projected to return 52.16% in 2024.

WBX Dividends

Wallbox N.V is due to release its next quarterly earnings on 2024-Aug-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 1.91 million shares, is of STIFEL FINANCIAL CORP’s that is approximately 0.9557% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.5 million.