Westwater Resources Inc. (AMEX:WWR) finished Wednesday with a subtraction of -$0.19 to close at $3.62, a downside of -4.99 percent. An average of 2,407,560 shares of common stock have been traded in the last five days. There was a gain of $0.25 in the past week. The last 20 days have seen an average of 966,045 shares traded, while the 50-day average volume stands at 764,910.
WWR stock has increased by 1.69% in the last month. The company shares reached their 1-month lowest point of $3.31 on 10/06/21. With the stock rallying to its 52-week high on 02/08/21, shares of the company touched a low of $3.25 and a high of $11.45 in 52 weeks. In spite of this, the price is down -68.38% from the 52-week high.
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
Westwater Resources Inc. (WWR) has a trailing price-to-earnings (P/E) ratio of 20.90 for the broader industry and 13.61 for the sector. The stock’s beta is 1.64. Other valuation ratios to consider include the price-to-book (PB) ratio at 0.93.
The quick ratio of Westwater Resources Inc. for the three months ended June 29 was 23.70, and the current ratio was 23.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Westwater Resources Inc.’s return on assets was -30.60%, compared to -49.9% over the last five years. Meanwhile, the return on equity (ROE) for the past 12 months has been -33.00% and the 5-year average holds at -65.4%. For the broader industry, ROE averaged -13.62 over the past year.
For the three-month period that ended June 29, Westwater Resources Inc. had $2.93 million in cash. The analyst consensus anticipated Westwater Resources Inc.’s latest quarter earnings to come in at -$6.5 per share, but it turned out to be -$5.5, a 15.40% surprise. For the quarter, EBITDA amounted to -$4.7 million. Shareholders own equity worth $34.64 million.
From a technical analysis perspective, let’s take a brief look at Westwater Resources Inc. (WWR) price momentum. RSI 9-day as of the close on 13 October was 53.81%, suggesting the stock is Neutral, with historical volatility in this time frame at 60.17%.
As of today, WWR’s price is $3.55 +7.42% or $0.25 from its 5-day moving average. WWR is currently trading +0.84% higher than its 20-day SMA and -7.89% lower than its 100-day SMA. However, the stock’s current price level is -8.12% below the SMA50 and -31.31% below the SMA200.
The stochastic %K and %D were 44.47% and 38.24%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 35.22% and the average true range at 0.22, the RSI (14) stands at 51.05%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.12.
The consensus rating for Westwater Resources Inc. (WWR) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WWR, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is WWR’s price target for the next 12 months?
Analysts predict a range of price targets between $150.00 and $150.00, with a median target of $150.00. Taking a look at these predictions, the average price target given by analysts for Westwater Resources Inc. (WWR) stock is $150.00.