Wallbox N.V. (NYSE:WBX) saw a downside of -0.36% to close Friday at $2.75 after subtracting -$0.01 on the day. The 5-day average trading volume is 680,880 shares of the company’s common stock. It has gained $3.04 in the past week and touched a new high 1 time within the past 5 days. An average of 820,000 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 930,394.
WBX’s 1-month performance is -34.52% or -$1.70 on its low of $2.68 reached on 08/18/23. The company’s shares have touched a 52-week low of $2.44 and high of $9.80, with the stock’s rally to the 52-week high happening on 02/22/23. YTD, WBX has lost -23.18% or -$0.83 and has reached a new high 15 times. However, the current price is down -71.94% from the 52-week high price.
Valuation Metrics
WBX stock has a beta of 2.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.05 while the price-to-book (PB) in the most recent quarter is 2.46.
Wallbox N.V.’s quick ratio for the recent period was 0.80, with the current ratio over the same period at 1.40. In terms of profitability, the gross margin trailing 12 months is 40.60%. The firm’s gross profit as reported stood at $61.72 million against revenue of $151.91 million.
Earnings Surprise
Net income shrunk -256.31% to -$70.34 million, while revenue of $0.0 was 100.0% off the previous quarter. WBX stock balance sheet for the recent quarter shows that total liabilities totaled 210.38 million, with total debt at $160.93 million.
Let’s look briefly at Wallbox N.V. (WBX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 24.99% to suggest the stock is trending oversold, with historical volatility in this time period at 23.94%.
The stock’s 5-day moving average is $2.84, reflecting a -7.09% or -$0.21 change from its current price. WBX is currently trading -33.41% above its 20-day SMA, -33.89% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -19.12% and SMA200 by-60.71%.
Stochastic %K and %D was 3.34% and 4.02% and the average true range (ATR) pointed at 0.21. The RSI (14) points at 32.57%, while the 14-day stochastic is at 4.64% with the period’s ATR at 0.24. The stock’s 9-day MACD Oscillator is pointing at -0.18 and -0.36 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Wallbox N.V. (NYSE: WBX), TD Cowen downgraded it to a Market perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for WBX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate WBX as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is WBX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.63 and a high of $10.10, with their median price target at $4.58. Looking at these predictions, the average price target given by analysts is for Wallbox N.V. (WBX) stock is $5.61.
