Wallbox N.V [NYSE: WBX] stock went on an upward path that rose over 32.81% on Thursday, amounting to a one-week price increase of more than 44.47%.
Over the last 12 months, WBX stock dropped by -60.18%. The one-year Wallbox N.V stock forecast points to a potential upside of 55.92. The average equity rating for WBX stock is currently 2.25, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $168.82 million, with 253.87 million shares outstanding and 81.22 million shares in the current float. Compared to the average trading volume of 708.40K shares, WBX stock reached a trading volume of 3777643 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Wallbox N.V [WBX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WBX shares is $1.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WBX stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Wallbox N.V shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 30, 2024. The new note on the price target was released on October 19, 2023, representing the official price target for Wallbox N.V stock. Previously, the target price had yet another drop from $5 to $3, while UBS kept a Neutral rating on WBX stock.
The Average True Range (ATR) for Wallbox N.V is set at 0.07, with the Price to Sales ratio for WBX stock in the period of the last 12 months amounting to 0.93. The Price to Book ratio for the last quarter was 1.38, with the Price to Cash per share for the same quarter was set at 0.28.
WBX Stock Performance Analysis:
Wallbox N.V [WBX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 44.47. With this latest performance, WBX shares dropped by -2.78% in over the last four-week period, additionally sinking by -48.85% over the last 6 months – not to mention a drop of -60.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WBX stock in for the last two-week period is set at 58.71, with the RSI for the last a single of trading hit 69.21, and the three-weeks RSI is set at 51.94 for Wallbox N.V [WBX]. The present Moving Average for the last 50 days of trading for this stock 0.6935, while it was recorded at 0.4997 for the last single week of trading, and 1.2074 for the last 200 days.
Insight into Wallbox N.V Fundamentals:
Wallbox N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 1.16.
Wallbox N.V [WBX] Institutonal Ownership Details
The top three institutional holders of WBX stocks are: INVESCO LTD. with ownership of 3.57 million shares, which is approximately 1.7866%. STIFEL FINANCIAL CORP, holding 1.91 million shares of the stock with an approximate value of $$2.5 million in WBX stocks shares; and STIFEL FINANCIAL CORP, currently with $$0.88 million in WBX stock with ownership which is approximately 0.3356%.
