European Wax Center Inc (EWCZ) concluded trading on Thursday at a closing price of $6.16, with 3.18 million shares of worth about $19.56 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -45.14% during that period and on November 14, 2024 the price saw a loss of about -23.16%. Currently the company’s common shares owned by public are about 48.48M shares, out of which, 33.94M shares are available for trading.
Stock saw a price change of -23.45% in past 5 days and over the past one month there was a price change of -11.05%. Year-to-date (YTD), EWCZ shares are showing a performance of -54.71% which decreased to -53.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.80 but also hit the highest price of $16.07 during that period. The average intraday trading volume for European Wax Center Inc shares is 811.24K. The stock is currently trading -16.88% below its 20-day simple moving average (SMA20), while that difference is down -13.47% for SMA50 and it goes to -38.80% lower than SMA200.
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European Wax Center Inc (NASDAQ: EWCZ) currently have 48.48M outstanding shares and institutions hold larger chunk of about 68.34% of that.
The stock has a current market capitalization of $369.18M and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 23.89, while it has posted earnings per share of $0.26 in the same period. It has Quick Ratio of 2.72 while making debt-to-equity ratio of 4.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EWCZ, volatility over the week remained 13.57% while standing at 6.29% over the month.
Stock’s fiscal year EPS is expected to drop by -13.48% while it is estimated to increase by 11.90% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on August 15, 2024 offering a Neutral rating for the stock and assigned a target price range of between $16 and $5.50 to it. Coverage by Piper Sandler stated European Wax Center Inc (EWCZ) stock as an Overweight in their note to investors on September 21, 2023, suggesting a price target of $22 for the stock. On April 05, 2023, Robert W. Baird Downgrade their recommendations, while on August 30, 2022, Piper Sandler Initiated their ratings for the stock with a price target of $22. Stock get a Buy rating from Truist on August 30, 2021.
