ContextLogic Inc. (NASDAQ: WISH) started the day on April 07, 2021, with a price decrease of -7.67% at $14.33. During the day, the stock rose to $15.53 and sunk to $14.26 before settling in for the price of $15.52 at the close. Taking a more long-term approach, WISH posted a 52-week range of $14.42-$32.85.
The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 77.60%. Meanwhile, its Annual Earning per share during the time was -6.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -447.80%. This publicly-traded company’s shares outstanding now amounts to $586.98 million, simultaneously with a float of $339.21 million. The organization now has a market capitalization sitting at $8.94 billion. At the time of writing, stock’s 50-day Moving Average stood at $21.24.
While finding the extent of efficiency of the company that is accounted for 875 employees. For the Profitability, stocks gross margin was +62.73, operating margin was -24.83 and Pretax Margin of -29.24.
ContextLogic Inc. (WISH) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Internet Retail Industry. ContextLogic Inc.’s current insider ownership accounts for 1.50%, in contrast to 91.10% institutional ownership. According to the most recent insider trade that took place on Mar 15, this organization’s Chief Accounting Officer sold 10,000 shares at the rate of 19.63, making the entire transaction reach 196,260 in total value, affecting insider ownership by 31,757. Preceding that transaction, on Mar 11, Company’s Chief Financial Officer sold 300,000 for 18.54, making the whole transaction’s value amount to 5,562,437. This particular insider is now the holder of 836,992 in total.
ContextLogic Inc. (WISH) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported -$3.04 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$3.03) by -$0.01. This company achieved a net margin of -29.32 while generating a return on equity of -132.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
ContextLogic Inc.’s EPS decrease for this current 12-month fiscal period is -447.80% and is forecasted to reach -0.16 in the upcoming year.
ContextLogic Inc. (NASDAQ: WISH) Trading Performance Indicators
Let’s observe the current performance indicators for ContextLogic Inc. (WISH). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.52.
In the same vein, WISH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.87, a figure that is expected to reach -0.18 in the next quarter, and analysts are predicting that it will be -0.16 at the market close of one year from today.
Technical Analysis of ContextLogic Inc. (WISH)
If we take a close look at the recent performances of ContextLogic Inc. (NASDAQ: WISH), its last 5-days Average volume was 4.36 million that shows plunge from its year to date volume of 5.65 million. During the previous 9 days, stock’s Stochastic %D was recorded 23.73% While, its Average True Range was 1.16.