Wolverine World Wide, Inc. (WWW) recent activity suggests a positive outlook with the last week’s performance of -1.51%

On Tuesday, Wolverine World Wide, Inc. (NYSE: WWW) was -3.03% drop from the session before settling in for the closing price of $16.18. A 52-week range for WWW has been $7.52 – $18.51.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 1.97%. When this article was written, the company’s average yearly earnings per share was at 1577.85%. With a float of $78.69 million, this company’s outstanding shares have now reached $79.55 million.

The extent of productivity of a business whose workforce counts for 4100 workers is very important to gauge. In terms of profitability, gross margin is 40.58%, operating margin of -8.04%, and the pretax margin is -10.09%.

Wolverine World Wide, Inc. (WWW) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wolverine World Wide, Inc. stocks. The insider ownership of Wolverine World Wide, Inc. is 1.65%, while institutional ownership is 97.20%. The most recent insider transaction that took place on Sep 26 ’24, was worth 131,156. In this transaction Chief Legal Officer of this company sold 7,706 shares at a rate of $17.02, taking the stock ownership to the 13,889 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Officer proposed sale 7,706 for $17.02, making the entire transaction worth $131,188.

Wolverine World Wide, Inc. (WWW) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1577.85% per share during the next fiscal year.

Wolverine World Wide, Inc. (NYSE: WWW) Trading Performance Indicators

You can see what Wolverine World Wide, Inc. (WWW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 22.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.27 in one year’s time.

Technical Analysis of Wolverine World Wide, Inc. (WWW)

The latest stats from [Wolverine World Wide, Inc., WWW] show that its last 5-days average volume of 0.67 million was inferior to 1.09 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 26.59%. Additionally, its Average True Range was 0.60.

During the past 100 days, Wolverine World Wide, Inc.’s (WWW) raw stochastic average was set at 55.73%, which indicates a significant increase from 15.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.57% in the past 14 days, which was lower than the 44.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.34, while its 200-day Moving Average is $12.40. Now, the first resistance to watch is $15.95. This is followed by the second major resistance level at $16.21. The third major resistance level sits at $16.39. If the price goes on to break the first support level at $15.51, it is likely to go to the next support level at $15.34. The third support level lies at $15.08 if the price breaches the second support level.

Wolverine World Wide, Inc. (NYSE: WWW) Key Stats

There are 80,011K outstanding shares of the company, which has a market capitalization of 1.26 billion. As of now, sales total 2,243 M while income totals -39,600 K. Its latest quarter income was 425,200 K while its last quarter net income were 14,200 K.