Wallbox N.V (NYSE:WBX) Adds 0.63% In A Week: What’s Taking The Stock Higher?

In last trading session, Wallbox N.V (NYSE:WBX) saw 1.17 million shares changing hands with its beta currently measuring 2.16. Company’s recent per share price level of $0.96 trading at -$0.02 or -2.48% at ring of the bell on the day assigns it a market valuation of $242.62M. That closing price of WBX’s stock is at a discount of -117.71% from its 52-week high price of $2.09 and is indicating a premium of 14.58% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.46 million shares which gives us an average trading volume of 332.50K if we extend that period to 3-months.

For Wallbox N.V (WBX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.43. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 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.

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Wallbox N.V (NYSE:WBX) trade information

Upright in the red during last session for losing -2.48%, in the last five days WBX remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $0.96 price level, adding 9.43% to its value on the day. Wallbox N.V’s shares saw a change of -45.39% in year-to-date performance and have moved 0.63% in past 5-day. Wallbox N.V (NYSE:WBX) showed a performance of -12.32% in past 30-days. Number of shares sold short was 1.74 million shares which calculate 6.71 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 36.0% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -56.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -56.25% 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 30.57M for the same.

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

INVESCO LTD. is the top institutional holder at WBX for having 3.57 million shares of worth $4.68 million. And as of 2024-06-30, it was holding 1.7866 of the company’s outstanding shares.

The second largest institutional holder is STIFEL FINANCIAL CORP, which was holding about 1.91 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9557 of outstanding shares, having a total worth of $2.5 million.