ContextLogic Inc. (NASDAQ: WISH) open the trading on July 27, 2021, with great promise as it jumped 1.75% to $9.32. During the day, the stock rose to $9.56 and sunk to $8.81 before settling in for the price of $9.16 at the close. Taking a more long-term approach, WISH posted a 52-week range of $7.52-$32.85.
It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 77.60% over the last 5 years. 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 $619.00 million, simultaneously with a float of $366.35 million. The organization now has a market capitalization sitting at $5.97 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.44.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 875 workers. 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
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Retail industry. ContextLogic Inc.’s current insider ownership accounts for 3.40%, in contrast to 93.00% institutional ownership. According to the most recent insider trade that took place on Jul 19, this organization’s Founder and CEO sold 83,694 shares at the rate of 9.01, making the entire transaction reach 753,706 in total value, affecting insider ownership by 0. Preceding that transaction, on Jul 19, Company’s General Counsel and Secretary sold 11,492 for 9.00, making the whole transaction’s value amount to 103,483. This particular insider is now the holder of 15,552 in total.
ContextLogic Inc. (WISH) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2021 suggests? It has posted -$0.21 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.18) by -$0.03. 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 -0.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 66.30% through the next 5 years, which can be compared against the -6.80% growth it accomplished over the previous five years trading on the market.
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 1.90. The Stock has managed to achieve an average true range (ATR) of 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.08.
In the same vein, WISH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.16, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.24 at the market close of one year from today.
Technical Analysis of ContextLogic Inc. (WISH)
[ContextLogic Inc., WISH] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 22.10% While, its Average True Range was 0.80.
Raw Stochastic average of ContextLogic Inc. (WISH) in the period of the previous 100 days is set at 14.30%, which indicates a major fall in contrast to 19.92% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 63.56% that was lower than 122.43% volatility it exhibited in the past 100-days period.