Wolverine World Wide, Inc (WWW) average volume reaches $1.25M: Is Wall Street expecting a rally?

A new trading day began on Tuesday, with Wolverine World Wide, Inc (NYSE: WWW) stock price down -0.58% from the previous day of trading, before settling in for the closing price of $15.58. WWW’s price has ranged from $7.58 to $18.51 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 1.97% over the last five years. Meanwhile, its annual earnings per share averaged 1577.85%. With a float of $78.69 million, this company’s outstanding shares have now reached $79.55 million.

The firm has a total of 4100 workers. Let’s measure their productivity. 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 Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of Wolverine World Wide, Inc is 1.65%, while institutional ownership is 95.84%. 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) Earnings and Forecasts

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

Here are Wolverine World Wide, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 21.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.27 in one year’s time.

Technical Analysis of Wolverine World Wide, Inc (WWW)

Analysing the last 5-days average volume posted by the [Wolverine World Wide, Inc, WWW], we can find that recorded value of 0.77 million was lower than the volume posted last year of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 24.68%. Additionally, its Average True Range was 0.55.

During the past 100 days, Wolverine World Wide, Inc’s (WWW) raw stochastic average was set at 52.59%, which indicates a significant increase from 13.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.33% in the past 14 days, which was lower than the 43.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.60, while its 200-day Moving Average is $12.58. Now, the first resistance to watch is $15.69. This is followed by the second major resistance level at $15.88. The third major resistance level sits at $15.99. If the price goes on to break the first support level at $15.39, it is likely to go to the next support level at $15.28. Should the price break the second support level, the third support level stands at $15.09.

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

With a market capitalization of 1.24 billion, the company has a total of 80,011K Shares Outstanding. Currently, annual sales are 2,243 M while annual income is -39,600 K. The company’s previous quarter sales were 425,200 K while its latest quarter income was 14,200 K.