Wright Medical Group N.V. (NASDAQ:WMGI)went up by 4.03% from its latest closing price when compared to the 1-year high value of $32.86 and move down -57.15%, while WMGI stocks collected +4.13% of gains with the last five trading sessions. Press Release reported on 08/07/19 that Wright Medical Group N.V. Reports 2019 Second Quarter Financial Results
Wright Medical Group N.V. (NASDAQ:WMGI) Worth an Investment?
Wright Medical Group N.V. (NASDAQ: WMGI) The 36 Months beta value for WMGI stocks is at 0.81, while of the analysts out of 0 who provided ratings for Wright Medical Group N.V. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $28.47 which is $7.56 above current price. WMGI currently has a short float of 13.03% and public float of 125.29M with average trading volume of 2.37M shares.
WMGI Market Performance
WMGI stocks went up by 4.13% for the week, with the monthly jump of 0.67% and a quarterly performance of -34.66%, while its annual performance rate touched -25.90%. The simple moving average for the period of the last 20 days is -1.07% for WMGI stocks with the simple moving average of -26.79% for the last 200 days.
Analysts’ Opinion on Wright Medical Group N.V. (NASDAQ:WMGI)
Many brokerage firms have already submitted their reports for WMGI stocks, with Wells Fargo repeating the rating for WMGI shares by setting it to “Market Perform”. The predicted price for WMGI socks in the upcoming period according to Wells Fargo is $106 based on the research report published on August 12, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see WMGI stock at the price of $25. The rating they have provided for WMGI stocks is “Neutral” according to the report published on August 9, 2019.
RBC Capital Mkts gave “ Sector Perform” rating to WMGI stocks, setting the target price at $24 in the report published on August 8, 2019.
WMGI Stocks -15.04% Far from 50 Day Moving Average
After a stumble in the market that brought WMGI to its low price for the period of the last 52 weeks, Wright Medical Group N.V. was unable to take a rebound, for now settling with -36.37% of loss for the given period.
The stock volatility was left at 3.09%, however, within the period of a single month, the volatility rate increased by 3.57%, while the shares sank at the distance of -1.88% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -30.16% lower at the present time.
In the course of the last 5 trading sessions, WMGI went up by +4.13%, which changed the moving average for the period of 200 days to the total of -26.35% of losses for the stock in comparison to the 20-day moving average settled at $21.12. In addition, Wright Medical Group N.V. saw -23.18% in overturn over the period of a single year with a tendency to cut further losses.
WMGI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Wright Medical Group N.V. (WMGI), starting from Wallace Steven P., who sold 713 shares at the price of $21.08 back on Aug 16. After this action, Rushing now owns 14,015 shares of Wright Medical Group N.V., valued at $15,032 with the latest closing price.
Walker Jennifer S., the SVP, Process Improvement of Wright Medical Group N.V., sold 553 shares at the value of $21.10 during a trade that took place back on Aug 16, which means that Walker Jennifer S. is holding 33,351 shares at the value of $11,668 based on the most recent closing price.
WMGI Stock Fundamentals
The current profitability levels are settled at -0.15 for the present operating margin and +71.86 for gross margin. The net margin for Wright Medical Group N.V. stands at -20.25. Total capital return value is set at -0.07, while invested capital returns managed to touch -10.35. Equity return holds the value -14.10%, with -4.70% for asset returns.
Based on Wright Medical Group N.V. (WMGI), the company’s capital structure generated 119.59 points for debt to equity in total, while total debt to capital is set at the value of 54.46. Total debt to assets is settled at the value of 41.39 with long-term debt to equity ratio rests at 97.96 and long-term debt to capital is 44.61.
EBITDA value lies at +26.70 M with total debt to EBITDA carrying the value of 13.13. The value for Enterprise to Sales is 3.93 with debt to enterprise value settled at 0.29. The receivables turnover for Wright Medical Group N.V. is 6.16 with the total asset turnover at the value of 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.