As of Friday close, WisdomTree Inc.’s (NYSE:WT) stock was down -$0.1, moving down -1.75 percent to $5.62. The average number of shares traded per day over the past five days has been 1,767,100 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.18 fall in that time frame. In the last twenty days, the average volume was 1,405,220, while in the previous 50 days, it was 1,295,106.
Since last month, WT stock retreated -8.77%. Shares of the company fell to $5.53 on 03/17/23, the lowest level in the past month. A 52-week high of $6.41 was reached on 02/17/23 after having rallying from a 52-week low of $4.60. Since the beginning of this year, WT’s stock price has risen by 3.12% or $0.17, and marked a new high 13 times. However, the stock has declined by -12.32% since its 52-week high.
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Right now, WisdomTree Inc. (WT) has a P/E ratio of about 21.29. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.83, the price-to-book (PB) ratio of 2.63, and the price-to-cash flow ratio of 24.04 may also be considered.
The latest dividend of $0.03 per share was paid out, remained unchanged from last year’s $0.03.
In the three months ended December 30, WisdomTree Inc.’s quick ratio stood at 2.00, while its current ratio was 2.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.86, and the total debt-to-equity ratio was 1.05. In the year ended December 30, operating margins totaled 19.90%. Based on annual data, WT earned $60.09 million in gross profit and brought in $301.35 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.30%. Return on equity (ROE) for the past 12 months was 15.70%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WT’s revenue fell -25.64% to $67.13 million during the quarter, while net income inched up to $69.93 million. While analysts expected WisdomTree Inc. to report $0.04 quarterly earnings, the actual figure was $0.04 per share. During the quarter, the company generated $12.79 million in EBITDA. The value of shareholders’ equity is $149.31 million.
This quick technical analysis looks at WisdomTree Inc.’s (WT) price momentum. With a historical volatility rate of 21.42%, the RSI 9-day stood at 31.41% on 17 March.
With respect to its five-day moving average, the current WisdomTree Inc. price is down by -3.10% percent or -$0.18. At present, WT shares trade -9.50% below its 20-day simple moving average and +12.40% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.90% above its SMA50 and -5.55% below its SMA200.
Stochastic coefficient K was 20.41% and Stochastic coefficient D was 18.72%, while ATR was 0.14. Given the Stochastic reading of 17.65% for the 14-day period, the RSI (14) reading has been calculated as 37.11%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at -0.15.