Wallbox N.V (NYSE: WBX): A Good Investment At Current Prices?

Wallbox N.V (NYSE:WBX)’s traded shares stood at 0.68 million during the last session, with the company’s beta value hitting 1.99. At the close of trading, the stock’s price was $0.66, to imply an increase of 9.65% or $0.06 in intraday trading. The WBX share’s 52-week high remains $2.09, putting it -216.67% down since that peak but still an impressive 24.24% since price per share fell to its 52-week low of $0.50. The company has a valuation of $167.07M, with an average of 0.58 million shares in intraday trading volume over the past 10 days and average of 464.19K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Wallbox N.V (WBX), translating to a mean rating of 2.33. Of 1 analyst(s) looking at the stock, 0 analyst(s) give WBX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.09.

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Wallbox N.V (NYSE:WBX) trade information

After registering a 9.65% upside in the last session, Wallbox N.V (WBX) has traded red over the past five days. The 5-day price performance for the stock is -0.29%, and -31.14% over 30 days. With these gigs, the year-to-date price performance is -62.39%. Short interest in Wallbox N.V (NYSE:WBX) saw shorts transact 2.27 million shares and set a 4.29 days time to cover.

The extremes give us $1.5 and $1.5 for target low and target high price respectively. As such, WBX has been trading -127.27% off suggested target high and -127.27% from its likely low.

Wallbox N.V (WBX) estimates and forecasts

The rating firms project that company’s revenue will grow 16.07% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 44.93M.

WBX Dividends

Wallbox N.V has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

The next major institution holding the largest number of shares is STIFEL FINANCIAL CORP with 1.91 million shares, or about 0.9557% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.5 million.