As of Wednesday close, TeraWulf Inc.’s (NASDAQ:WULF) stock was down -$0.08, moving down -5.00 percent to $1.52. The average number of shares traded per day over the past five days has been 8,081,920 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2100 fall in that time frame. In the last twenty days, the average volume was 5,636,270, while in the previous 50 days, it was 6,431,692.
Since last month, WULF stock retreated -23.62%. Shares of the company fell to $1.5150 on 09/19/23, the lowest level in the past month. A 52-week high of $4.04 was reached on 07/20/23 after having rallying from a 52-week low of $0.54. Since the beginning of this year, WULF’s stock price has risen by 128.37% or $0.8544, and marked a new high 28 times. However, the stock has declined by -62.38% since its 52-week high.
WULF stock investors should be aware that TeraWulf Inc. (WULF) stock had its last reported insider trading activity 34 days ago on Aug 18. Prager Paul B., the Chief Executive Officer of the company, purchased of 50,000 shares for $1.90 on Aug 18. It resulted in a $95,000 investment by the insider. Prager Paul B. added 100,000 shares at an average price of $1.37 on Apr 11. The insider now owns 475,000 shares following the transaction.
Valuation Metrics
The stock’s beta is 1.96. Besides these, the trailing price-to-sales (P/S) ratio of 8.57, the price-to-book (PB) ratio of 2.53.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.66, and the total debt-to-equity ratio was 0.95. On the profitability front, the trailing twelve-month gross margin is 49.10% percent. Based on annual data, WULF earned $3.95 million in gross profit and brought in $15.03 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 -19.20%. Return on equity (ROE) for the past 12 months was -85.90%.
In TeraWulf Inc.’s quarter-end financial report for June 29, it reported total debt of $82.4 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WULF’s revenue rose 90.94% to $11.53 million during the quarter, while net income inched up to $15.34 million. While analysts expected TeraWulf Inc. to report -$0.03 quarterly earnings, the actual figure was -$0.08 per share, beating the consensus estimate by -166.70%. During the quarter, the company generated $5.59 million in EBITDA. The liabilities of TeraWulf Inc. were 165.0 million at the end of its most recent quarter ended June 29, and its total debt was $120.25 million. The value of shareholders’ equity is $221.13 million.
Technical Picture
This quick technical analysis looks at TeraWulf Inc.’s (WULF) price momentum. With a historical volatility rate of 36.77%, the RSI 9-day stood at 24.02% on 20 September.
With respect to its five-day moving average, the current TeraWulf Inc. price is down by -12.14% percent or -$0.2100. At present, WULF shares trade -18.72% below its 20-day simple moving average and -10.06% percent below its 100-day simple moving average. However, the stock is currently trading approximately -55.43% below its SMA50 and +95.40% above its SMA200.
Stochastic coefficient K was 4.73% and Stochastic coefficient D was 4.77%, while ATR was 0.1928. Given the Stochastic reading of 0.61% for the 14-day period, the RSI (14) reading has been calculated as 31.20%. As of today, the MACD Oscillator reading stands at -0.1056, while the 14-day reading stands at -0.1935.
Analyst Ratings
Compass Point launched its rating on TeraWulf Inc. (NASDAQ: WULF) to a Buy in a note to investors on September 07, 2023. TeraWulf Inc. (WULF) has been rated Buy by analysts. According to 0 brokerage firms, WULF is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate TeraWulf Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $3.00 – $4.25. Based on these forecasts, analysts predict TeraWulf Inc. (WULF) will achieve an average price target of $3.81.
