The stock of Wayfair Inc. (W) has seen a -10.27% decrease in the past week, with a -35.46% drop in the past month, and a -17.97% decrease in the past quarter. The volatility ratio for the week is 11.08%, and the volatility levels for the past 30 days are at 8.70% for W. The simple moving average for the last 20 days is -19.89% for W stock, with a simple moving average of -28.85% for the last 200 days.
Is It Worth Investing in Wayfair Inc. (NYSE: W) Right Now?
and a 36-month beta value of 3.09. Opinions on the stock are mixed, with 13 analysts rating it as a “buy,” 0 as “overweight,” 20 as “hold,” and 4 as “sell.”
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The public float for W is 72.78M, and at present, short sellers hold a 34.70% of that float. On March 17, 2023, the average trading volume of W was 6.15M shares.
W) stock’s latest price update
Wayfair Inc. (NYSE: W)’s stock price has increased by 0.68 compared to its previous closing price of 32.29. However, the company has seen a fall of -10.27% in its stock price over the last five trading days. Barron’s reported on 02/24/23 that Wayfair Stock Extends Losses. But Results ‘Nowhere Near as Bad’ as Investors Think.
Analysts’ Opinion of W
The stock of Wayfair Inc. (W) has seen a -10.27% decrease in the past week, with a -35.46% drop in the past month, and a -17.97% decrease in the past quarter. The volatility ratio for the week is 11.08%, and the volatility levels for the past 30 days are at 8.70% for W. The simple moving average for the last 20 days is -19.89% for W stock, with a simple moving average of -28.85% for the last 200 days.
Analysts’ Opinion of W
Many brokerage firms have already submitted their reports for W stocks, with Barclays repeating the rating for W by listing it as a “Equal Weight.” The predicted price for W in the upcoming period, according to Barclays is $70 based on the research report published on February 08th of the current year 2023.
Wedbush, on the other hand, stated in their research note that they expect to see W reach a price target of $38. The rating they have provided for W stocks is “Outperform” according to the report published on January 23rd, 2023.
JP Morgan gave a rating of “Overweight” to W, setting the target price at $63 in the report published on January 23rd of the current year.
W Trading at -30.78% from the 50-Day Moving Average
After a stumble in the market that brought W to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.10% of loss for the given period.
Volatility was left at 8.70%, however, over the last 30 days, the volatility rate increased by 11.08%, as shares sank -41.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.76% lower at present.
During the last 5 trading sessions, W fell by -10.27%, which changed the moving average for the period of 200-days by -44.94% in comparison to the 20-day moving average, which settled at $39.43. In addition, Wayfair Inc. saw -1.16% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at W starting from Tan Fiona, who sale 3,221 shares at the price of $38.62 back on Mar 02. After this action, Tan Fiona now owns 48,418 shares of Wayfair Inc., valued at $124,395 using the latest closing price.
Oblak Steve, the Chief Commercial Officer of Wayfair Inc., sale 2,889 shares at $38.69 during a trade that took place back on Mar 02, which means that Oblak Steve is holding 188,070 shares at $111,775 based on the most recent closing price.
Stock Fundamentals for W
Equity return is now at value 59.30, with -34.20 for asset returns.
Conclusion
To sum up, Wayfair Inc. (W) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
