Currently, there are 382.63M common shares owned by the public and among those 286.38M shares have been available to trade.
The company’s stock has a 5-day price change of -24.47% and -28.70% over the past three months. WULF shares are trading -15.72% year to date (YTD), with the 12-month market performance up to 153.72% higher. It has a 12-month low price of $1.55 and touched a high of $9.30 over the same period. WULF has an average intraday trading volume of 32.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -15.34%, -26.15%, and -0.76% respectively.
Institutional ownership of TeraWulf Inc (NASDAQ: WULF) shares accounts for 44.75% of the company’s 382.63M shares outstanding.
It has a market capitalization of $1.84B and a beta (3y monthly) value of 2.61. The earnings-per-share (ttm) stands at -$0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.27% over the week and 11.24% over the month.
Analysts forecast that TeraWulf Inc (WULF) will achieve an EPS of -0.03 for the current quarter, 0.0 for the next quarter and 0.16 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.05 while analysts give the company a high EPS estimate of -0.05. Comparatively, EPS for the current quarter was -0.02 a year ago. Earnings per share for the fiscal year are expected to increase by 63.50%, and 178.76% over the next financial year.
Needham coverage for the TeraWulf Inc (WULF) stock in a research note released on September 04, 2024 offered a Buy rating with a price target of $6. Rosenblatt was of a view on August 14, 2024 that the stock is Buy, while ROTH MKM gave the stock Buy rating on July 02, 2024, issuing a price target of $6.50. Cantor Fitzgerald on their part issued Overweight rating on June 11, 2024.
