A new trading day began on Friday, with WisdomTree Inc (NYSE: WT) stock price up 0.87% from the previous day of trading, before settling in for the closing price of $10.38. WT’s price has ranged from $6.06 to $12.02 over the past 52 weeks.
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Annual sales at Financial sector company grew by 5.00% over the past five years. Meanwhile, its annual earnings per share averaged 105.40%. With a float of $133.36 million, this company’s outstanding shares have now reached $151.86 million.
Let’s look at the performance matrix of the company that is accounted for 303 employees. In terms of profitability, gross margin is 74.31%, operating margin of 31.27%, and the pretax margin is 23.88%.
WisdomTree Inc (WT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of WisdomTree Inc is 8.90%, while institutional ownership is 68.70%. The most recent insider transaction that took place on Feb 13 ’24, was worth 2,186,768. In this transaction Chief Executive Officer of this company bought 303,781 shares at a rate of $7.20, taking the stock ownership to the 9,172,838 shares.
WisdomTree Inc (WT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 105.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.02% during the next five years compared to 23.10% growth over the previous five years of trading.
WisdomTree Inc (NYSE: WT) Trading Performance Indicators
Here are WisdomTree Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90. Likewise, its price to free cash flow for the trailing twelve months is 13.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of WisdomTree Inc (WT)
WisdomTree Inc (NYSE: WT) saw its 5-day average volume 1.68 million, a positive change from its year-to-date volume of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 43.27%. Additionally, its Average True Range was 0.30.
During the past 100 days, WisdomTree Inc’s (WT) raw stochastic average was set at 46.37%, which indicates a significant decrease from 65.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.53% in the past 14 days, which was lower than the 34.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.96, while its 200-day Moving Average is $9.27. Nevertheless, the first resistance level for the watch stands at $10.88 in the near term. At $11.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.65. If the price goes on to break the first support level at $10.10, it is likely to go to the next support level at $9.73. Assuming the price breaks the second support level, the third support level stands at $9.32.
WisdomTree Inc (NYSE: WT) Key Stats
With a market capitalization of 1.59 billion, the company has a total of 151,817K Shares Outstanding. Currently, annual sales are 349,040 K while annual income is 102,550 K. The company’s previous quarter sales were 113,170 K while its latest quarter income was -4,490 K.
