A new trading day began on Friday, with European Wax Center Inc (NASDAQ: EWCZ) stock price up 5.31% from the previous day of trading, before settling in for the closing price of $5.65. EWCZ’s price has ranged from $4.80 to $18.28 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 15.62% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -15.58%. With a float of $31.44 million, this company’s outstanding shares have now reached $48.48 million.
In an organization with 120 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 66.11%, operating margin of 22.7%, and the pretax margin is 10.94%.
European Wax Center Inc (EWCZ) Insider and Institutional Ownership
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 84.63%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -15.58% 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 2.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 4.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.37 in one year’s time.
Technical Analysis of European Wax Center Inc (EWCZ)
Let’s dig in a bit further. During the last 5-days, its volume was 3.46 million. That was better than the volume of 0.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic%D was 22.13%. Additionally, its Average True Range was 0.62.
During the past 100 days, European Wax Center Inc’s (EWCZ) raw stochastic average was set at 13.77%, which indicates a significant decrease from 23.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 151.46% in the past 14 days, which was higher than the 69.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.37, while its 200-day Moving Average is $12.36. However, in the short run, European Wax Center Inc’s stock first resistance to watch stands at $6.06. Second resistance stands at $6.18. The third major resistance level sits at $6.39. If the price goes on to break the first support level at $5.74, it is likely to go to the next support level at $5.53. The third support level lies at $5.41 if the price breaches the second support level.
European Wax Center Inc (NASDAQ: EWCZ) Key Stats
With a market capitalization of 289.23 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.
