TeraWulf Inc (WULF) Shares Decline Despite Market Challenges

TeraWulf Inc (NASDAQ: WULF) has seen a decline in its stock price by -6.17 in relation to its previous close of 7.45. However, the company has experienced a -0.71% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-21 that Farrell to Drive Operational Execution as the Company Scales Data Center Infrastructure Farrell to Drive Operational Execution as the Company Scales Data Center Infrastructure

Is It Worth Investing in TeraWulf Inc (NASDAQ: WULF) Right Now?

The 36-month beta value for WULF is at 2.56. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for WULF is 285.13M, and currently, shorts hold a 20.86% of that float. The average trading volume for WULF on November 26, 2024 was 23.74M shares.

WULF’s Market Performance

WULF’s stock has seen a -0.71% decrease for the week, with a 9.56% rise in the past month and a 54.99% gain in the past quarter. The volatility ratio for the week is 12.74%, and the volatility levels for the past 30 days are at 11.16% for TeraWulf Inc The simple moving average for the last 20 days is -3.25% for WULF stock, with a simple moving average of 80.05% for the last 200 days.

Analysts’ Opinion of WULF

Many brokerage firms have already submitted their reports for WULF stocks, with Needham repeating the rating for WULF by listing it as a “Buy.” The predicted price for WULF in the upcoming period, according to Needham is $6 based on the research report published on September 04, 2024 of the current year 2024.

Rosenblatt, on the other hand, stated in their research note that they expect to see WULF reach a price target of $5. The rating they have provided for WULF stocks is “Buy” according to the report published on August 14th, 2024.

ROTH MKM gave a rating of “Buy” to WULF, setting the target price at $6.50 in the report published on July 02nd of the current year.

WULF Trading at 19.46% 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 -24.84% of loss for the given period.

Volatility was left at 11.16%, however, over the last 30 days, the volatility rate increased by 12.74%, as shares surge +2.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +77.41% upper at present.

During the last 5 trading sessions, WULF fell by -0.71%, which changed the moving average for the period of 200-days by +217.73% in comparison to the 20-day moving average, which settled at $7.22. In addition, TeraWulf Inc saw 191.25% 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 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.

Stock Fundamentals for WULF

Current profitability levels for the company are sitting at:

  • -0.29 for the present operating margin
  • 0.41 for the gross margin

The net margin for TeraWulf Inc stands at -0.42. The total capital return value is set at -0.1. Equity return is now at value -20.41, with -14.97 for asset returns.

Currently, EBITDA for the company is 0.16 million with net debt to EBITDA at -28.85. When we switch over and look at the enterprise to sales, we see a ratio of 20.84. The receivables turnover for the company is 29.28for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.

Conclusion

In conclusion, TeraWulf Inc (WULF) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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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