Broadwind Inc (BWEN) Stock: A Closer Look at the Moving Averages

The stock of Broadwind Inc (BWEN) has seen a 2.48% increase in the past week, with a -1.90% drop in the past month, and a -27.37% decrease in the past quarter. The volatility ratio for the week is 6.98%, and the volatility levels for the past 30 days are at 4.78% for BWEN. The simple moving average for the last 20 days is 0.45% for BWEN stock, with a simple moving average of -21.14% for the last 200 days.

Is It Worth Investing in Broadwind Inc (NASDAQ: BWEN) Right Now?

Broadwind Inc (NASDAQ: BWEN) has a price-to-earnings ratio of 6.01x that is above its average ratio. Additionally, the 36-month beta value for BWEN is 1.47. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for BWEN is 19.47M and currently, short sellers hold a 0.58% ratio of that float. The average trading volume of BWEN on November 05, 2024 was 138.14K shares.

BWEN) stock’s latest price update

The stock price of Broadwind Inc (NASDAQ: BWEN) has surged by 12.20 when compared to previous closing price of 1.85, but the company has seen a 2.48% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-30 that CICERO, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) — Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2024 results before the market opens on Wednesday, November 13, 2024. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session.

Analysts’ Opinion of BWEN

Many brokerage firms have already submitted their reports for BWEN stocks, with H.C. Wainwright repeating the rating for BWEN by listing it as a “Buy.” The predicted price for BWEN in the upcoming period, according to H.C. Wainwright is $12 based on the research report published on January 17, 2023 of the previous year 2023.

BWEN Trading at -2.53% from the 50-Day Moving Average

After a stumble in the market that brought BWEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.48% of loss for the given period.

Volatility was left at 4.78%, however, over the last 30 days, the volatility rate increased by 6.98%, as shares sank -0.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.16% lower at present.

During the last 5 trading sessions, BWEN rose by +2.48%, which changed the moving average for the period of 200-days by -18.18% in comparison to the 20-day moving average, which settled at $2.0600. In addition, Broadwind Inc saw -25.27% 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 BWEN starting from Blashford Eric B., who purchase 5,000 shares at the price of $2.27 back on Aug 16 ’24. After this action, Blashford Eric B. now owns 468,487 shares of Broadwind Inc, valued at $11,340 using the latest closing price.

Schueller Daniel E., the Pres., Broadwind Heavy Fab. of Broadwind Inc, sale 5,800 shares at $4.53 during a trade that took place back on May 28 ’24, which means that Schueller Daniel E. is holding 146,694 shares at $26,284 based on the most recent closing price.

Stock Fundamentals for BWEN

Current profitability levels for the company are sitting at:

  • 0.06 for the present operating margin
  • 0.16 for the gross margin

The net margin for Broadwind Inc stands at 0.04. The total capital return value is set at 0.13. Equity return is now at value 13.75, with 5.34 for asset returns.

Based on Broadwind Inc (BWEN), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 3.41.

Currently, EBITDA for the company is 17.47 million with net debt to EBITDA at 2.26. When we switch over and look at the enterprise to sales, we see a ratio of 0.48. The receivables turnover for the company is 10.45for trailing twelve months and the total asset turnover is 1.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.

Conclusion

In conclusion, Broadwind Inc (BWEN) has seen bad 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.

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