The stock of TeraWulf Inc. (NASDAQ: WULF) has decreased by -2.89 when compared to last closing price of 1.73. Despite this, the company has experienced a -6.67% fall in its stock price over the last five trading sessions. PennyStocks reported 2023-08-29 that Investors are watching plenty of headlines in the stock market today. Whether you’re trading penny stocks or higher-priced shares, it’s tough to not follow news that is dramatically moving markets.
Is It Worth Investing in TeraWulf Inc. (NASDAQ: WULF) Right Now?
while the 36-month beta value is 1.94.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for TeraWulf Inc. (WULF) is $3.81, which is $2.13 above the current market price. The public float for WULF is 110.66M, and currently, short sellers hold a 17.90% ratio of that floaft. The average trading volume of WULF on September 18, 2023 was 6.15M shares.
WULF’s Market Performance
The stock of TeraWulf Inc. (WULF) has seen a -6.67% decrease in the past week, with a -20.38% drop in the past month, and a 27.27% gain in the past quarter. The volatility ratio for the week is 10.95%, and the volatility levels for the past 30 days are at 10.80% for WULF. The simple moving average for the last 20 days is -12.87% for WULF stock, with a simple moving average of 14.99% for the last 200 days.
Analysts’ Opinion of WULF
Many brokerage firms have already submitted their reports for WULF stocks, with Compass Point repeating the rating for WULF by listing it as a “Buy.” The predicted price for WULF in the upcoming period, according to Compass Point is $3 based on the research report published on September 07, 2023 of the current year 2023.
WULF Trading at -35.09% from the 50-Day Moving Average
After a stumble in the market that brought WULF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.42% of loss for the given period.
Volatility was left at 10.80%, however, over the last 30 days, the volatility rate increased by 10.95%, as shares sank -16.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.71% lower at present.
During the last 5 trading sessions, WULF fell by -6.67%, which changed the moving average for the period of 200-days by +112.60% in comparison to the 20-day moving average, which settled at $1.9123. In addition, TeraWulf Inc. saw 152.40% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WULF starting from Prager Paul B., who purchase 50,000 shares at the price of $1.90 back on Aug 18. After this action, Prager Paul B. now owns 525,000 shares of TeraWulf Inc., valued at $95,000 using the latest closing price.
Prager Paul B., the Chief Executive Officer of TeraWulf Inc., purchase 100,000 shares at $1.37 during a trade that took place back on Apr 11, which means that Prager Paul B. is holding 475,000 shares at $137,300 based on the most recent closing price.
Stock Fundamentals for WULF
Current profitability levels for the company are sitting at:
- -279.74 for the present operating margin
- -18.07 for the gross margin
The net margin for TeraWulf Inc. stands at -571.64. The total capital return value is set at -18.05, while invested capital returns managed to touch -41.87. Equity return is now at value -85.90, with -33.40 for asset returns.
Based on TeraWulf Inc. (WULF), the company’s capital structure generated 109.81 points at debt to equity in total, while total debt to capital is 52.34. Total debt to assets is 40.70, with long-term debt to equity ratio resting at 68.14. Finally, the long-term debt to capital ratio is 29.92.
When we switch over and look at the enterprise to sales, we see a ratio of 12.18, with the company’s debt to enterprise value settled at 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
In a nutshell, TeraWulf Inc. (WULF) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
