European Wax Center Inc (EWCZ) is gearing up for another turning point as it hit the volume of 0.7 million

A new trading day began on Tuesday, with European Wax Center Inc (NASDAQ: EWCZ) stock price up 1.80% from the previous day of trading, before settling in for the closing price of $3.89. EWCZ’s price has ranged from $2.72 to $12.05 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

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 12.13%. Meanwhile, its annual earnings per share averaged -34.57%. With a float of $28.85 million, this company’s outstanding shares have now reached $43.32 million.

Let’s determine the extent of company efficiency that accounts for 124 employees. In terms of profitability, gross margin is 71.27%, operating margin of 22.07%, and the pretax margin is 7.86%.

European Wax Center Inc (EWCZ) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of European Wax Center Inc is 33.39%, while institutional ownership is 62.20%. The most recent insider transaction that took place on Dec 18 ’24, was worth 87,278. In this transaction Director of this company sold 15,048 shares at a rate of $5.80, taking the stock ownership to the 14,214 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Director sold 4,344 for $5.85, making the entire transaction worth $25,419. This insider now owns 29,262 shares in total.

European Wax Center Inc (EWCZ) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -34.57% per share during the next fiscal year.

European Wax Center Inc (NASDAQ: EWCZ) Trading Performance Indicators

Here are European Wax Center Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01. Likewise, its price to free cash flow for the trailing twelve months is 3.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.37 in one year’s time.

Technical Analysis of European Wax Center Inc (EWCZ)

Looking closely at European Wax Center Inc (NASDAQ: EWCZ), its last 5-days average volume was 0.77 million, which is a jump from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 87.28%. Additionally, its Average True Range was 0.26.

During the past 100 days, European Wax Center Inc’s (EWCZ) raw stochastic average was set at 25.41%, which indicates a significant decrease from 85.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.39% in the past 14 days, which was lower than the 72.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.88, while its 200-day Moving Average is $6.03. However, in the short run, European Wax Center Inc’s stock first resistance to watch stands at $4.11. Second resistance stands at $4.26. The third major resistance level sits at $4.39. If the price goes on to break the first support level at $3.83, it is likely to go to the next support level at $3.69. Should the price break the second support level, the third support level stands at $3.54.

European Wax Center Inc (NASDAQ: EWCZ) Key Stats

With a market capitalization of 219.03 million, the company has a total of 55,346K Shares Outstanding. Currently, annual sales are 216,920 K while annual income is 10,460 K. The company’s previous quarter sales were 49,740 K while its latest quarter income was 1,860 K.