WisdomTree Investments Inc. (NASDAQ:WETF) went down by -1.99% from its latest closing price compared to the recent 1-year high of $7.38. The company’s stock price has collected -5.73% of loss in the last five trading sessions. Press Release reported on 10/08/21 that WisdomTree ETFs Declare Distributions
Is It Worth Investing in WisdomTree Investments Inc. (NASDAQ :WETF) Right Now?
WisdomTree Investments Inc. (NASDAQ:WETF) scored a price-to-earnings ratio above its average ratio, recording 71.45 x from its present earnings ratio. Plus, the 36-month beta value for WETF is at 1.76. Opinions of the stock are interesting as 2 analysts out of 8 who provided ratings for WisdomTree Investments Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $6.46, which is $1.59 above the current price. WETF currently public float of 106.97M and currently shorts hold a 10.43% ratio of that float. Today, the average trading volume of WETF was 869.84K shares.
WETF’s Market Performance
WETF stocks went down by -5.73% for the week, with a monthly drop of -10.25% and a quarterly performance of -11.85%, while its annual performance rate touched 35.75%. The volatility ratio for the week stands at 3.01% while the volatility levels for the past 30 days are set at 3.55% for WisdomTree Investments Inc.. The simple moving average for the period of the last 20 days is -6.01% for WETF stocks with a simple moving average of -11.29% for the last 200 days.
Analysts’ Opinion of WETF
Many brokerage firms have already submitted their reports for WETF stocks, with Keefe Bruyette repeating the rating for WETF by listing it as a “Outperform.” The predicted price for WETF in the upcoming period, according to Keefe Bruyette is $8 based on the research report published on August 02nd of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see WETF reach a price target of $6.75, previously predicting the price at $4.75. The rating they have provided for WETF stocks is “Equal-Weight” according to the report published on April 08th, 2021.
WETF Trading at -10.57% from the 50-Day Moving Average
After a stumble in the market that brought WETF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.42% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares sank -7.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.22% lower at present.
During the last 5 trading sessions, WETF fell by -5.73%, which changed the moving average for the period of 200-days by -1.27% in comparison to the 20-day moving average, which settled at $5.76. In addition, WisdomTree Investments Inc. saw 1.50% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at WETF starting from SALERNO FRANK, who sale 10,024 shares at the price of $5.89 back on Sep 14. After this action, SALERNO FRANK now owns 264,228 shares of WisdomTree Investments Inc., valued at $59,006 using the latest closing price.
Muni Amit, the Chief Financial Officer of WisdomTree Investments Inc., sale 75,000 shares at $5.33 during a trade that took place back on Jan 15, which means that Muni Amit is holding 668,987 shares at $399,592 based on the most recent closing price.
Stock Fundamentals for WETF
Current profitability levels for the company are sitting at:
- -0.52 for the present operating margin
- +72.43 for the gross margin
The net margin for WisdomTree Investments Inc. stands at -14.93. The total capital return value is set at -0.21, while invested capital returns managed to touch -6.07. Equity return is now at value 5.30, with 1.50 for asset returns.
Based on WisdomTree Investments Inc. (WETF), the company’s capital structure generated 46.94 points at debt to equity in total, while total debt to capital is 31.95. Total debt to assets is 20.72, with long-term debt to equity ratio resting at 69.13. Finally, the long-term debt to capital ratio is 31.41.
When we switch over and look at the enterprise to sales, we see a ratio of 4.11, with the company’s debt to enterprise value settled at 0.18. The receivables turnover for the company is 3.53 and the total asset turnover is 0.28.