When Does Wallbox N.V (WBX) Become A Good Investment?

Wallbox N.V (NYSE:WBX) has a beta value of 2.16 and has seen 0.4 million shares traded in the recent trading session. The company, currently valued at $258.94M, closed the recent trade at $1.02 per share which meant it gained $0.04 on the day or 4.08% during that session. The WBX stock price is -104.9% off its 52-week high price of $2.09 and 19.61% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.46 million shares traded. The 3-month trading volume is 332.50K shares.

The consensus among analysts is that Wallbox N.V (WBX) is Buy stock at the moment, with a recommendation rating of 2.43. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.

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Wallbox N.V (NYSE:WBX) trade information

Sporting 4.08% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WBX stock price touched $1.02 or saw a rise of 2.86%. Year-to-date, Wallbox N.V shares have moved -41.71%, while the 5-day performance has seen it change 7.40%. Over the past 30 days, the shares of Wallbox N.V (NYSE:WBX) have changed -6.42%. Short interest in the company has seen 1.74 million shares shorted with days to cover at 6.71.

Wall Street analysts have a consensus price target for the stock at $8.75, which means that the shares’ value could jump 88.34% from the levels at last check today.. The projected low price target is $1.5 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is -1468.63% off the targeted high while a plunge would see the stock gain -47.06% from the levels at last check today..

Wallbox N.V (WBX) estimates and forecasts

The company’s shares have lost -31.54% over the past 6 months.

WBX Dividends

Wallbox N.V is expected to release its next earnings report on 2024-Aug-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Wallbox N.V (NYSE:WBX)’s Major holders

The top two institutional holders are INVESCO LTD. with over 3.57 million shares worth more than $4.68 million. As of 2024-06-30, INVESCO LTD. held 1.7866% of shares outstanding.

The other major institutional holder is STIFEL FINANCIAL CORP, with the holding of over 1.91 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.5 million and represent 0.9557% of shares outstanding.