The 36-month beta value for WULF is also noteworthy at 2.58. 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 239.84M, and at present, short sellers hold a 13.83% of that float. The average trading volume of WULF on August 09, 2024 was 21.53M shares.
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WULF) stock’s latest price update
The stock price of TeraWulf Inc (NASDAQ: WULF) has dropped by -2.05 compared to previous close of 3.88. Despite this, the company has seen a gain of 3.55% in its stock price over the last five trading days. accesswire.com reported 2024-08-09 that NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. (“TeraWulf”) (NYSE:WULF) concerning possible violations of federal securities laws. Hunterbrook Media reported that TeraWulf has been falsely branding itself as a “zero-carbon Bitcoin miner.
WULF’s Market Performance
WULF’s stock has risen by 3.55% in the past week, with a monthly drop of -19.99% and a quarterly rise of 61.03%. The volatility ratio for the week is 17.30% while the volatility levels for the last 30 days are 12.47% for TeraWulf Inc The simple moving average for the last 20 days is -19.28% for WULF’s stock, with a simple moving average of 53.64% for the last 200 days.
Analysts’ Opinion of WULF
Many brokerage firms have already submitted their reports for WULF stocks, with ROTH MKM repeating the rating for WULF by listing it as a “Buy.” The predicted price for WULF in the upcoming period, according to ROTH MKM is $6.50 based on the research report published on July 02, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see WULF reach a price target of $7, previously predicting the price at $4. The rating they have provided for WULF stocks is “Overweight” according to the report published on June 11th, 2024.
Rosenblatt gave a rating of “Buy” to WULF, setting the target price at $4.20 in the report published on April 09th of the current year.
WULF Trading at -11.31% 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 -41.58% of loss for the given period.
Volatility was left at 12.47%, however, over the last 30 days, the volatility rate increased by 17.30%, as shares sank -28.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +70.31% upper at present.
During the last 5 trading sessions, WULF rose by +3.95%, which changed the moving average for the period of 200-days by +217.92% in comparison to the 20-day moving average, which settled at $4.63. In addition, TeraWulf Inc saw 58.35% 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 Deane Kenneth J, who sale 69,996 shares at the price of $3.25 back on Jun 07 ’24. After this action, Deane Kenneth J now owns 337,245 shares of TeraWulf Inc, valued at $227,137 using the latest closing price.
Prager Paul B., the Chief Executive Officer of TeraWulf Inc, purchase 50,000 shares at $1.90 during a trade that took place back on Aug 18 ’23, which means that Prager Paul B. is holding 525,000 shares at $95,000 based on the most recent closing price.
Stock Fundamentals for WULF
Current profitability levels for the company are sitting at:
- -0.33 for the present operating margin
- 0.4 for the gross margin
The net margin for TeraWulf Inc stands at -0.57. The total capital return value is set at -0.12. Equity return is now at value -27.08, with -15.92 for asset returns.
Based on TeraWulf Inc (WULF), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is -1.78.
Currently, EBITDA for the company is 1.01 million with net debt to EBITDA at -33.95. When we switch over and look at the enterprise to sales, we see a ratio of 13.22. The receivables turnover for the company is 60.03for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
In summary, TeraWulf Inc (WULF) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” 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.
