A new trading day began on Friday, with European Wax Center Inc (NASDAQ: EWCZ) stock price down -6.77% from the previous day of trading, before settling in for the closing price of $8.71. EWCZ’s price has ranged from $8.48 to $20.00 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 15.62% over the past five years. Meanwhile, its annual earnings per share averaged -1.63%. With a float of $31.50 million, this company’s outstanding shares have now reached $48.48 million.
Let’s look at the performance matrix of the company that is accounted for 120 employees.
European Wax Center Inc (EWCZ) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of European Wax Center Inc is 35.20%, while institutional ownership is 86.58%. The most recent insider transaction that took place on May 16 ’24, was worth 110,100. In this transaction CAO and Controller of this company sold 10,000 shares at a rate of $11.01, taking the stock ownership to the 75,416 shares. Before that another transaction happened on Mar 11 ’24, when Company’s CAO and Controller sold 1,200 for $14.76, making the entire transaction worth $17,706. This insider now owns 86,900 shares in total.
European Wax Center Inc (EWCZ) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -1.63% per share during the next fiscal year.
European Wax Center Inc (NASDAQ: EWCZ) Trading Performance Indicators
Here are European Wax Center Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 6.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.25, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.50 in one year’s time.
Technical Analysis of European Wax Center Inc (EWCZ)
European Wax Center Inc (NASDAQ: EWCZ) saw its 5-day average volume 0.71 million, a positive change from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 31.79%. Additionally, its Average True Range was 0.51.
During the past 100 days, European Wax Center Inc’s (EWCZ) raw stochastic average was set at 0.46%, which indicates a significant decrease from 1.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.88% in the past 14 days, which was higher than the 45.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.24, while its 200-day Moving Average is $12.78. Nevertheless, the first resistance level for the watch stands at $8.58 in the near term. At $9.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.29. If the price goes on to break the first support level at $7.87, it is likely to go to the next support level at $7.63. Assuming the price breaks the second support level, the third support level stands at $7.16.
European Wax Center Inc (NASDAQ: EWCZ) Key Stats
With a market capitalization of 394.71 million, the company has a total of 60,830K Shares Outstanding. Currently, annual sales are 221,020 K while annual income is 8,930 K. The company’s previous quarter sales were 51,870 K while its latest quarter income was 2,820 K.
