The stock of TeraWulf Inc (WULF) has seen a 3.86% increase in the past week, with a 2.98% gain in the past month, and a 55.13% flourish in the past quarter. The volatility ratio for the week is 8.77%, and the volatility levels for the past 30 days are at 9.89% for WULF. The simple moving average for the last 20 days is 8.16% for WULF stock, with a simple moving average of 29.09% 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 2.41. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for WULF is 206.59M and currently, short sellers hold a 13.19% ratio of that float. The average trading volume of WULF on May 07, 2024 was 18.91M shares.
WULF) stock’s latest price update
TeraWulf Inc (NASDAQ: WULF)’s stock price has plunge by 10.76relation to previous closing price of 2.18. Nevertheless, the company has seen a 3.86% surge in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-06 that Bitcoin’s price surged over the weekend, due in part to more than $375 million in capital flows into spot Bitcoin ETFs. These moves are notable for these three crypto miners, as each is slated to report earnings over the next week.
Analysts’ Opinion of WULF
Many brokerage firms have already submitted their reports for WULF stocks, with Rosenblatt repeating the rating for WULF by listing it as a “Buy.” The predicted price for WULF in the upcoming period, according to Rosenblatt is $4.20 based on the research report published on April 09, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see WULF reach a price target of $3. The rating they have provided for WULF stocks is “Buy” according to the report published on October 18th, 2023.
Compass Point gave a rating of “Buy” to WULF, setting the target price at $3 in the report published on September 07th of the previous year.
WULF Trading at 11.66% 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 -40.10% of loss for the given period.
Volatility was left at 9.89%, however, over the last 30 days, the volatility rate increased by 8.77%, as shares surge +8.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.21% upper at present.
During the last 5 trading sessions, WULF rose by +3.86%, which changed the moving average for the period of 200-days by -29.65% in comparison to the 20-day moving average, which settled at $2.25. In addition, TeraWulf Inc saw 0.83% 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 ’23. After this action, Prager Paul B. now owns 525,000 shares of TeraWulf Inc, valued at $95,000 using the latest closing price.
Stock Fundamentals for WULF
Current profitability levels for the company are sitting at:
- -0.55 for the present operating margin
- 0.49 for the gross margin
The net margin for TeraWulf Inc stands at -1.07. The total capital return value is set at -0.17. Equity return is now at value -43.08, with -21.07 for asset returns.
Based on TeraWulf Inc (WULF), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is -2.64.
Currently, EBITDA for the company is 1.01 million with net debt to EBITDA at -4.32. When we switch over and look at the enterprise to sales, we see a ratio of 11.58. The receivables turnover for the company is 69.16for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.
Conclusion
In conclusion, TeraWulf Inc (WULF) has seen better performance in recent times. Analysts have a mixed 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.
