WillScot Corporation (NASDAQ:WSC) went down by -5.72% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Rental & Leasing Services giant went up by $14.33 to trade ended Wednesday trading at $15.20. This is down from the $15.2 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with WSC down by -22.50% year-to-date.
WillScot Corporation (WSC) started the day trading at $14.97 and recorded an intraday high of $15.03. It also recorded an intraday low of $14.17 during Wednesday’s trading session. WillScot Corporation is a very active stock that recorded a trading volume that is more than 2.01% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 894471, which is more than 2.01 of the total average daily trading volume of 876.45K.
WillScot Corporation (NASDAQ:WSC) 2020 Performance Impressive
The increase in WSC’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of WSC currently stands at $19.79, which is higher than the current trading price of the stock by 27.59%. However, WSC’s current trading price is -92.35% lower than the 52-week low price of $7.45. In terms of trading volume, WillScot Corporation currently experienced healthy participation during the last trading session. 894471 shares of WillScot Corporation were traded on the stock exchange on Wednesday, which is more than 2.01% of the 876.45K average trading volume of the stock.
The performance of the stock has been positive over the past year. WSC’s performance over the past one year has seen it surge by 0.99%, while the stock has gone down by -21.05% in the last six months. The quarterly performance of WSC currently stands at 36.09%, and it is up by 4.29% in the last month. The only negative figure was from the weekly performance, which currently reads -4.18%. At the time of writing WSC’s report, the company has a total market cap of $1.71B, making it one of the largest publicly-traded companies in the world.WillScot Corporation also has over 2500 employees all over the world.
WSC Insider Activities
For WillScot Corporation, insiders hold 60.20% of all company shares. The insider transactions over the past six months are up by 0.40%. During that period, insiders bought 213,076 shares in 13 transactions. In that same period, insiders sold 47,329 of their shares in 6 transactions. After these transactions, insiders at WillScot Corporation now hold 52.09M shares, which is over 54.27% of the total company stocks. Institutional investors currently hold a large chunk of the WSC shares, as they control 47.11% of the company’s total stock.
WSC Fundamental Analysis
For WillScot Corporation, the stock’s diluted earnings per share (EPS) stands at -0.07. In the coming year, analysts expect the EPS to be 0.55. The stock’s EPS growth this year is 84.50%, with analysts expecting almost a 1 growth in the earnings per share next week.
The Return on Investment (ROI) on WillScot Corporation’s stock currently stands at 4.80%, and it has a net profit margin of -0.40%. The operating margin of the company is 10.60%, and its gross margin is 39.00%.
WSC Analysts Prediction
Jefferies and SunTrust also believe that WillScot Corporation’s stock is outperforming at the moment.
WSC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of WSC currently stands at -2.48%, while the SMA50 is 13.51%. The biggest one is the SMA200, which is currently reading -5.81% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 52.05.