European Wax Center Inc (NASDAQ: EWCZ) on Friday, plunged -5.61% from the previous trading day, before settling in for the closing price of $7.66. Within the past 52 weeks, EWCZ’s price has moved between $7.37 and $20.00.
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Annual sales at Consumer Defensive sector company grew by 15.62% over the past five years. The company achieved an average annual earnings per share of -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
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of European Wax Center Inc is 35.20%, while institutional ownership is 82.69%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
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
European Wax Center Inc (EWCZ) is currently performing well based on its current performance indicators. A quick ratio of 2.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58. Likewise, its price to free cash flow for the trailing twelve months is 5.70.
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 1.32 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 5.35%. Additionally, its Average True Range was 0.52.
During the past 100 days, European Wax Center Inc’s (EWCZ) raw stochastic average was set at 0.65%, which indicates a significant decrease from 1.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.54% in the past 14 days, which was higher than the 43.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.92, while its 200-day Moving Average is $12.58. Nevertheless, the first resistance level for the watch stands at $7.59 in the near term. At $7.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.15. If the price goes on to break the first support level at $7.03, it is likely to go to the next support level at $6.83. Assuming the price breaks the second support level, the third support level stands at $6.47.
European Wax Center Inc (NASDAQ: EWCZ) Key Stats
Market capitalization of the company is 351.45 million based on 60,830K outstanding shares. Right now, sales total 221,020 K and income totals 8,930 K. The company made 51,870 K in profit during its latest quarter, and 2,820 K in sales during its previous quarter.
