A new trading day began on Tuesday, with WisdomTree Inc (NYSE: WT) stock price up 1.18% from the previous day of trading, before settling in for the closing price of $9.29. WT’s price has ranged from $6.67 to $12.45 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 $127.67 million, this company’s outstanding shares have now reached $146.10 million.
Let’s look at the performance matrix of the company that is accounted for 314 employees. In terms of profitability, gross margin is 75.81%, operating margin of 31.45%, and the pretax margin is 21.08%.
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 8.70%, while institutional ownership is 76.10%. The most recent insider transaction that took place on Dec 02 ’24, was worth 34,020,000. In this transaction of this company sold 3,000,000 shares at a rate of $11.34, taking the stock ownership to the 12,250,000 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Chief Administrative Officer sold 100,000 for $11.43, making the entire transaction worth $1,142,960. This insider now owns 948,386 shares in total.
WisdomTree Inc (WT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 105.40% per share during the next fiscal year.
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 2.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37. Likewise, its price to free cash flow for the trailing twelve months is 11.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.70 in one year’s time.
Technical Analysis of WisdomTree Inc (WT)
WisdomTree Inc (NYSE: WT) saw its 5-day average volume 2.79 million, a positive change from its year-to-date volume of 2.58 million. As of the previous 9 days, the stock’s Stochastic %D was 16.43%. Additionally, its Average True Range was 0.33.
During the past 100 days, WisdomTree Inc’s (WT) raw stochastic average was set at 9.76%, which indicates a significant decrease from 18.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.12% in the past 14 days, which was lower than the 29.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.95, while its 200-day Moving Average is $10.12. Nevertheless, the first resistance level for the watch stands at $9.52 in the near term. At $9.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.82. If the price goes on to break the first support level at $9.22, it is likely to go to the next support level at $9.05. Assuming the price breaks the second support level, the third support level stands at $8.92.
WisdomTree Inc (NYSE: WT) Key Stats
With a market capitalization of 1.37 billion, the company has a total of 146,104K 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.
