ContextLogic Inc (NASDAQ: WISH) established initial surge of 15.73% at $5.74, before settling in for the price of $4.96 at the close. Taking a more long-term approach, WISH posted a 52-week range of $3.55-$10.30.
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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 $140.06 million. At the time of writing, stock’s 50-day Moving Average stood at $5.90, while the 200-day Moving Average is $5.52.
ContextLogic Inc (WISH) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the ContextLogic Inc industry. ContextLogic Inc’s current insider ownership accounts for 15.05%, in contrast to 36.37% 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.89 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 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.50.
In the same vein, WISH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -13.38.
Technical Analysis of ContextLogic Inc (WISH)
Now, what If we examine the latest scores posted by [ContextLogic Inc, WISH]. During the last 5-days, its volume was better the volume of 1.02 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 49.40% While, its Average True Range was 0.32.
Raw Stochastic average of ContextLogic Inc (WISH) in the period of the previous 100 days is set at 58.84%, which indicates a major fall in contrast to 84.13% 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 76.90% that was lower than 88.74% volatility it exhibited in the past 100-days period.
