Wix.com Ltd. (NASDAQ:WIX) went up by 8.45% from its latest closing price compared to the recent 1-year high of $309.00. The company’s stock price has collected -14.59% of loss in the last five trading sessions. The Wall Street Journal reported on 02/17/21 that AIG, Avis Budget, Verizon: What to Watch When the Stock Market Opens Today
Is It Worth Investing in Wix.com Ltd. (NASDAQ :WIX) Right Now?
Plus, the 36-month beta value for WIX is at 1.56. Opinions of the stock are interesting as 14 analysts out of 21 who provided ratings for Wix.com Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $126.12, which is $69.41 above the current price. WIX currently public float of 55.42M and currently shorts hold a 6.26% ratio of that float. Today, the average trading volume of WIX was 1.29M shares.
WIX’s Market Performance
WIX stocks went down by -14.59% for the week, with a monthly drop of -32.64% and a quarterly performance of -47.83%, while its annual performance rate touched -71.50%. The volatility ratio for the week stands at 11.23% while the volatility levels for the past 30 days are set at 8.43% for Wix.com Ltd.. The simple moving average for the period of the last 20 days is -20.27% for WIX stocks with a simple moving average of -58.94% for the last 200 days.
Analysts’ Opinion of WIX
Many brokerage firms have already submitted their reports for WIX stocks, with Piper Sandler repeating the rating for WIX by listing it as a “Underweight.” The predicted price for WIX in the upcoming period, according to Piper Sandler is $78 based on the research report published on April 25th of the current year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see WIX reach a price target of $120. The rating they have provided for WIX stocks is “Buy” according to the report published on April 20th, 2022.
WIX Trading at -26.59% from the 50-Day Moving Average
After a stumble in the market that brought WIX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.52% of loss for the given period.
Volatility was left at 8.43%, however, over the last 30 days, the volatility rate increased by 11.23%, as shares sank -34.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.96% lower at present.
During the last 5 trading sessions, WIX fell by -14.59%, which changed the moving average for the period of 200-days by -79.08% in comparison to the 20-day moving average, which settled at $77.71. In addition, Wix.com Ltd. saw -59.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WIX
Current profitability levels for the company are sitting at:
- -25.64 for the present operating margin
- +60.44 for the gross margin
The net margin for Wix.com Ltd. stands at -9.23. Equity return is now at value -54.50, with -5.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.