WisdomTree Investments Inc. (NASDAQ:WETF) has a beta of 1.72. The stock’s Relative Strength Index (RSI) is 56.24, with weekly volatility at 3.80% and ATR at 0.23. The WETF stock’s 52-week price range has touched low of $1.87 and a $6.05 high. Its shares traded higher over the last trading session, gaining 1.05% on 02/19/21. The shares fell to a low of $5.66 before closing at $5.75. Intraday shares traded counted 0.44 million, which was 52.42% higher than its 30-day average trading volume of 934.83K. WETF’s previous close was $5.69 while the outstanding shares total 145.56M.
Investors have identified the Asset Management company WisdomTree Investments Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $846.57 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 0.31 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WETF sounds very interesting.
Is the stock of WETF attractive?
In related news, Chief Financial Officer, Muni Amit sold 75,000 shares of the company’s stock in a transaction that recorded on Jan 15. The sale was performed at an average price of 5.33, for a total value of 399,593. As the sale deal closes, the Director, SALERNO FRANK now sold 5,568 shares of the company’s stock, valued at 25,056. Also, Global Head of Research, Schwartz Jeremy bought 20,000 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 2.32 per share, with a total market value of 46,380. Following this completion of acquisition, the Director, Bossone Anthony now holds 100,000 shares of the company’s stock, valued at 300,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 7.50%.
3 out of 10 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on WisdomTree Investments Inc.. 2 analysts has assigned a Sell rating on the WETF stock. The 12-month mean consensus price target for the company’s shares has been set at $5.89.