In the last trading session, 37.64 million TeraWulf Inc (NASDAQ:WULF) shares changed hands as the company’s beta touched 2.59. With the company’s per share price at $8.82 changed hands at $0.57 or 6.91% during last session, the market valuation stood at $3.39B. WULF’s last price was a premium, traded about 4.76% off its 52-week high of $8.40. The share price had its 52-week low at $0.89, which suggests the last value was 89.91% up since then. When we look at TeraWulf Inc’s average trading volume, we note the 10-day average is 27.84 million shares, with the 3-month average coming to 23.18 million.
Analysts gave the TeraWulf Inc (WULF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended WULF as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. TeraWulf Inc’s EPS for the current quarter is expected to be -0.03.
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
TeraWulf Inc (NASDAQ:WULF) trade information
Instantly WULF was in green as seen at the end of in last trading. With action 47.49%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 267.50%, with the 5-day performance at 47.49% in the green. However, in the 30-day time frame, TeraWulf Inc (NASDAQ:WULF) is 109.50% up. Looking at the short shares, we see there were 47.7 million shares sold at short interest cover period of 2.37 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need a downside of -47.0% from its current market value. According to analyst projections, WULF’s forecast low is 3 with 10 as the target high. To hit the forecast high, the stock’s price needs a -13.38% plunge from its current level, while the stock would need to tank 65.99% for it to hit the projected low.
TeraWulf Inc (WULF) estimates and forecasts
Data shows that the TeraWulf Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 293.75% over the past 6 months, a 71.43% in annual growth rate that is considerably higher than the industry average of 9.20%. Year-over-year growth is forecast to reach 127.90% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 34.28M. 7 analysts are of the opinion that TeraWulf Inc’s revenue for the current quarter will be 45.52M. The estimates for the next quarter sales put growth at 95.50%.
The 2024 estimates are for TeraWulf Inc earnings to increase by 68.57%.
WULF Dividends
TeraWulf Inc is expected to release its next quarterly earnings report in December.
TeraWulf Inc (NASDAQ:WULF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 28.53% of TeraWulf Inc shares while 48.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 68.51%. There are 48.96% institutions holding the TeraWulf Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 6.7196% of the shares, roughly 19.53 million WULF shares worth $86.9 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2628% or 18.2 million shares worth $80.99 million as of 2024-06-30.
