How Have Insiders Been Trading Warburg Pincus Capital Corporation I-B (WPCB) Stock?

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Warburg Pincus Capital Corporation I-B (NYSE:WPCB) remained unchanged to $10.15 after subtracting $0.0 on Wednesday. The 5-day average trading volume is 1,665,323 shares of the company’s common stock. It has gained $10.23 in the past week and touched a new high 2 times within the past 5 days. An average of 686,796 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 348,496.

WPCB’s 1-month performance is 0.79% or $0.06 on its low of $10.08 reached on 12/27/22. The company’s shares have touched a 52-week low of $9.68 and high of $10.43, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, WPCB has achieved 0.59% or $0.06 and has reached a new high 8 times. However, the current price is down -2.68% from the 52-week high price.


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Valuation Metrics

Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.31.

Warburg Pincus Capital Corporation I-B’s quick ratio for the recent period was 0.20, with the current ratio over the same period at 0.20.

Earnings Surprise

Net income shrunk -14.19% to $6.27 million, while revenue of $3.82 million was 39.07% off the previous quarter. Shareholders hold equity totaling $68.59 million.

Let’s look briefly at Warburg Pincus Capital Corporation I-B (WPCB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 67.36% to suggest the stock is trending Neutral, with historical volatility in this time period at 2.27%.

The stock’s 5-day moving average is $10.14, reflecting a +0.10% or $0.01 change from its current price. WPCB is currently trading +0.59% above its 20-day SMA, +2.68% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.60% and SMA200 by+4.21%.

Stochastic %K and %D was 15.69% and 14.05% and the average true range (ATR) pointed at 0.05. The RSI (14) points at 68.07%, while the 14-day stochastic is at 17.65% with the period’s ATR at 0.04. The stock’s 9-day MACD Oscillator is pointing at 0.00 and 0.01 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for WPCB stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate WPCB as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.

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