With 1.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.02 million shares. The 52-week range on WTTR shows that it touched its highest point at $9.16 and its lowest point at $5.51 during that stretch. It currently has a 1-year price target of $11.75. With its current market cap of 889.94 million, WTTR has annualized dividend of $0.22 while the current yield stands at 2.52%. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WTTR was up-trending over the past week, with a rise of 3.80%, but this was up by 13.38% over a month. Three-month performance surged to 20.91% while six-month performance rose 6.99%. The stock gained 39.01% in the past year, while it has gained 15.02% so far this year. A look at the trailing 12-month EPS for WTTR yields 0.72 with Next year EPS estimates of 1.35. For the next quarter, that number is 0.12. This implies an EPS growth rate of 21.50% for this year and 53.94% for next year.
Float and Shares Shorts:
At present, 102.17 million WTTR shares are outstanding with a float of 89.77 million shares on hand for trading. On Feb 29, 2024, short shares totaled 2.54 million, which was 2.49% higher than short shares on Jan 31, 2024. In addition to MTTR as the firm’s Matterport, Inc., WTR serves as its WTR.
Institutional Ownership:
Through their ownership of 76.42% of WTTR’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WTTR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
