On Tuesday, WideOpenWest Inc (NYSE: WOW) opened lower -3.78% from the last session, before settling in for the closing price of $5.02. Price fluctuations for WOW have ranged from $2.31 to $7.88 over the past 52 weeks.
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A company in the Communication Services sector has dropped its sales by -8.61% annually for the last half of the decade. Company’s average yearly earnings per share was noted 85.22% at the time writing. With a float of $49.59 million, this company’s outstanding shares have now reached $83.56 million.
In an organization with 1360 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.82%, operating margin of -15.21%, and the pretax margin is -33.93%.
WideOpenWest Inc (WOW) Insider Updates
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of WideOpenWest Inc is 41.44%, while institutional ownership is 43.18%. The most recent insider transaction that took place on Sep 03 ’24, was worth 109,640. In this transaction Chief Executive Officer of this company sold 20,000 shares at a rate of $5.48, taking the stock ownership to the 1,555,787 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Chief Customer Exper. Officer sold 10,000 for $5.29, making the entire transaction worth $52,922. This insider now owns 276,413 shares in total.
WideOpenWest Inc (WOW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 85.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.70% during the next five years compared to -27.00% drop over the previous five years of trading.
WideOpenWest Inc (NYSE: WOW) Trading Performance Indicators
Check out the current performance indicators for WideOpenWest Inc (WOW). In the past quarter, the stock posted a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.15, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.43 in one year’s time.
Technical Analysis of WideOpenWest Inc (WOW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.62 million. That was better than the volume of 0.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.77%. Additionally, its Average True Range was 0.20.
During the past 100 days, WideOpenWest Inc’s (WOW) raw stochastic average was set at 17.80%, which indicates a significant decrease from 20.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.07% in the past 14 days, which was lower than the 37.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.33, while its 200-day Moving Average is $4.49. However, in the short run, WideOpenWest Inc’s stock first resistance to watch stands at $5.07. Second resistance stands at $5.31. The third major resistance level sits at $5.51. If the price goes on to break the first support level at $4.63, it is likely to go to the next support level at $4.43. Assuming the price breaks the second support level, the third support level stands at $4.19.
WideOpenWest Inc (NYSE: WOW) Key Stats
There are currently 84,567K shares outstanding in the company with a market cap of 409.05 million. Presently, the company’s annual sales total 686,700 K according to its annual income of -287,700 K. Last quarter, the company’s sales amounted to 158,800 K and its income totaled -10,800 K.
