WideOpenWest Inc [NYSE: WOW] price plunged by -0.66 percent to reach at -$0.03.
The one-year WOW stock forecast points to a potential upside of 26.99. The average equity rating for WOW stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on WideOpenWest Inc [WOW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WOW shares is $6.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WOW stock is a recommendation set at 3.00. 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.
Raymond James have made an estimate for WideOpenWest Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on July 02, 2024. The new note on the price target was released on May 08, 2024, representing the official price target for WideOpenWest Inc stock.
The Average True Range (ATR) for WideOpenWest Inc is set at 0.14, with the Price to Sales ratio for WOW stock in the period of the last 12 months amounting to 0.59. The Price to Book ratio for the last quarter was 1.76, with the Price to Cash per share for the same quarter was set at 0.25.
WOW Stock Performance Analysis:
WideOpenWest Inc [WOW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, WOW shares dropped by -8.92% in over the last four-week period, additionally sinking by -16.07% over the last 6 months – not to mention a rise of 37.31% 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 WOW stock in for the last two-week period is set at 35.76, with the RSI for the last a single of trading hit 34.83, and the three-weeks RSI is set at 37.49 for WideOpenWest Inc [WOW]. The present Moving Average for the last 50 days of trading for this stock 5.01, while it was recorded at 4.51 for the last single week of trading, and 4.96 for the last 200 days.
Insight into WideOpenWest Inc Fundamentals:
WideOpenWest Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.48 and a Current Ratio set at 0.48.
WideOpenWest Inc [WOW] Institutonal Ownership Details
There are presently around $78.99%, or 82.11%% of WOW stock, in the hands of institutional investors. The top three institutional holders of WOW stocks are: CRESTVIEW PARTNERS III GP, L.P. with ownership of 31.62 million shares, which is approximately 38.8748%. LB PARTNERS LLC, holding 6.59 million shares of the stock with an approximate value of $$35.64 million in WOW stocks shares; and LB PARTNERS LLC, currently with $$20.18 million in WOW stock with ownership which is approximately 4.585%.
