The stock of TeraWulf Inc (WULF) has seen a 8.08% increase in the past week, with a -2.75% drop in the past month, and a -46.73% decrease in the past quarter. The volatility ratio for the week is 11.75%, and the volatility levels for the past 30 days are at 12.71% for WULF. The simple moving average for the last 20 days is -2.51% for WULF stock, with a simple moving average of -31.36% for the last 200 days.
Is It Worth Investing in TeraWulf Inc (NASDAQ: WULF) Right Now?
Additionally, the 36-month beta value for WULF is 1.92. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for WULF is $3.30, which is $2.24 above the current price. The public float for WULF is 140.03M and currently, short sellers hold a 17.79% ratio of that float. The average trading volume of WULF on November 20, 2023 was 6.40M shares.
WULF) stock’s latest price update
The stock price of TeraWulf Inc (NASDAQ: WULF) has surged by 2.91 when compared to previous closing price of 1.03, but the company has seen a 8.08% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-13 that TeraWulf Inc. (NASDAQ:WULF ) Q3 2023 Earnings Conference Call November 13, 2023 5:00 PM ET Company Participants Jason Assad – Director of Corporate Communications Paul Prager – Chairman and Chief Executive Officer Patrick Fleury – Chief Financial Officer Nazar Khan – Co-Founder and Chief Operating Officer Conference Call Participants Josh Siegler – Cantor Fitzgerald Chase White – Compass Point Lucas Pipes – B. Riley Securities Mike Grondahl – Northland Securities Operator Greetings, and welcome to the TeraWulf Inc. 2023 Third Quarter Earnings Call.
Analysts’ Opinion of WULF
Many brokerage firms have already submitted their reports for WULF stocks, with Stifel repeating the rating for WULF by listing it as a “Buy.” The predicted price for WULF in the upcoming period, according to Stifel is $3 based on the research report published on October 18, 2023 of the current year 2023.
WULF Trading at -14.18% 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 -73.76% of loss for the given period.
Volatility was left at 12.71%, however, over the last 30 days, the volatility rate increased by 11.75%, as shares sank -3.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.11% lower at present.
During the last 5 trading sessions, WULF rose by +8.08%, which changed the moving average for the period of 200-days by +58.09% in comparison to the 20-day moving average, which settled at $1.0853. In addition, TeraWulf Inc saw 59.25% 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 -63.33, with -28.09 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 6.72, 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 conclusion, TeraWulf Inc (WULF) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.