As on Wednesday, ContextLogic Inc (NASDAQ: WISH) started slowly as it slid -2.14% to $5.48, before settling in for the price of $5.60 at the close. Taking a more long-term approach, WISH posted a 52-week range of $3.55-$12.97.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was -19.38%. Meanwhile, its Annual Earning per share during the time was -4.67%. This publicly-traded company’s shares outstanding now amounts to $24.23 million, simultaneously with a float of $20.73 million. The organization now has a market capitalization sitting at $133.71 million. At the time of writing, stock’s 50-day Moving Average stood at $5.81, while the 200-day Moving Average is $5.57.
ContextLogic Inc (WISH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Internet Retail industry. ContextLogic Inc’s current insider ownership accounts for 15.05%, in contrast to 36.27% institutional ownership. According to the most recent insider trade that took place on Mar 15 ’24, this organization’s Chief Product Officer sold 55,035 shares at the rate of 6.10, making the entire transaction reach 335,901 in total value, affecting insider ownership by 0. Preceding that transaction, on Mar 12 ’24, Company’s SVP, Finance sold 7,999 for 6.31, making the whole transaction’s value amount to 50,445. This particular insider is now the holder of 6,859 in total.
ContextLogic Inc (WISH) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$2.69 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$2.66) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.61 per share during the current fiscal 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 2.09. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.47.
In the same vein, WISH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -13.38.
Technical Analysis of ContextLogic Inc (WISH)
Through scrutinizing the latest numbers posted by the [ContextLogic Inc, WISH], it can be observed that its last 5-days Average volume of 0.75 million was lower the volume of 0.99 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 33.88% While, its Average True Range was 0.19.
Raw Stochastic average of ContextLogic Inc (WISH) in the period of the previous 100 days is set at 50.00%, which indicates a major rise in contrast to 13.23% 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 31.33% that was lower than 86.48% volatility it exhibited in the past 100-days period.
