TeraWulf Inc (NASDAQ:WULF) traded at $2.33 at close of the session on Monday, April 29, made a downward move of -5.67% on its previous day’s price.
Looking at the stock we see that its previous close was $2.47. In terms of its 52-week price range, WULF has a high of $4.04 and a low of $0.89. The company’s stock has lost about -11.41% over that past 30 days.
TeraWulf Inc has a market cap of $704.22 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.04, with the EPS growth for the year raised at $0.1 for 2024 and $0.31 for next year. These figures represent 128.60% and 210.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $46.34 million, with a low of $39.02 million and a high of $60 million. The median projection represents growth squeezing down to 301.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $179.26 million, or 158.90% up from figures reported last year.
On the other hand, looking at the outlook for the WULF stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 2.23% off its SMA20 and 6.86% from its 50-day simple moving average. The RSI (14) is pointing at 51.78 while the volatility over the past week is 9.63% and jumps to 9.94% over the past one month. The beta value is 2.30, while the average true range (ATR) is currently pointing at 0.23.
Coming back to TeraWulf Inc (NASDAQ:WULF), we note that the average 3-month trading volume was 19.11 million. Current shares outstanding are 276.73 million.
The insiders hold 32.51% of the company’s shares while institutions hold 20.71%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -2.92% down in year-to-date price movement.
