WisdomTree Investments Inc. (NASDAQ:WETF) went down by -4.37% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Asset Management giant went up by $3.29 to trade ended Wednesday trading at $3.43. This is down from the $3.435 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with WETF down by -32.13% year-to-date.
WisdomTree Investments Inc. (WETF) started the day trading at $3.38 and recorded an intraday high of $3.39. It also recorded an intraday low of $3.25 during Wednesday’s trading session. WisdomTree Investments Inc. is a very active stock that recorded a trading volume that is less than -38.71% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 951613, which is less than -38.71 of the total average daily trading volume of 1.32 million.
WisdomTree Investments Inc. (NASDAQ:WETF) 2020 Performance Impressive
The increase in WETF’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 WETF currently stands at $6.55, which is higher than the current trading price of the stock by 49.77%. However, WETF’s current trading price is -75.94% lower than the 52-week low price of $1.87. In terms of trading volume, WisdomTree Investments Inc. currently experienced healthy participation during the last trading session. 951613 shares of WisdomTree Investments Inc. were traded on the stock exchange on Wednesday, which is less than -38.71% of the 1.32 million average trading volume of the stock.
The performance of the stock has been positive over the past year. WETF’s performance over the past one year has seen it plunge by -46.59%, while the stock has gone down by -32.96% in the last six months. The quarterly performance of WETF currently stands at 31.40%, and it is up by 15.26% in the last month. The only negative figure was from the weekly performance, which currently reads -9.25%. At the time of writing WETF’s report, the company has a total market cap of $522.41M, making it one of the largest publicly-traded companies in the world.WisdomTree Investments Inc. also has over 208 employees all over the world.
WETF Insider Activities
For WisdomTree Investments Inc., insiders hold 71.80% of all company shares. The insider transactions over the past six months are up by 2.70%. During that period, insiders bought 1,037,973 shares in 21 transactions. In that same period, insiders sold 170,274 of their shares in 9 transactions. After these transactions, insiders at WisdomTree Investments Inc. now hold 39.22M shares, which is over 69.86% of the total company stocks. Institutional investors currently hold a large chunk of the WETF shares, as they control 25.68% of the company’s total stock.
WETF Fundamental Analysis
For WisdomTree Investments Inc., the stock’s diluted earnings per share (EPS) stands at -0.19. In the coming year, analysts expect the EPS to be 0.19. The stock’s EPS growth this year is -135.90%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, WisdomTree Investments Inc.’s quarterly sales (YOY) is growing at 0.03, which is higher than the average annual revenue of -17.00% over the past half a decade.
The Return on Investment (ROI) on WisdomTree Investments Inc.’s stock currently stands at 2.40%.
WETF Analysts Prediction
In April 14, 2020, several analysts reiterated their positions on the WisdomTree Investments Inc. stock and predicted its performance to their investors. The analysts at UBS believe WETF is still a Neutral and set the price target between $3.50 and $2.75.
At the moment, WisdomTree Investments Inc.’s Total Debt to Equity ratio stands at 0.53, and they have a long-term Debt to Equity ratio of 0.53.
WETF Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of WETF currently stands at -4.53%, while the SMA50 is 6.18%. The biggest one is the SMA200, which is currently reading -19.77% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 47.89.