Wallbox (NYSE:WBX – Get Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 2,040,000 shares, an increase of 35.1% from the February 13th total of 1,510,000 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily volume of 818,600 shares, the short-interest ratio is currently 2.5 days.
Analyst Upgrades and Downgrades
WBX has been the topic of a number of recent analyst reports. UBS Group cut their target price on Wallbox from $1.25 to $0.50 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Canaccord Genuity Group cut their target price on Wallbox from $1.50 to $1.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. Finally, Stifel Nicolaus cut their target price on Wallbox from $1.50 to $1.00 and set a “hold” rating on the stock in a research report on Monday, March 10th.
Get Our Latest Stock Report on Wallbox
Institutional Inflows and Outflows
Wallbox Stock Down 3.7 %
WBX traded down $0.01 during trading on Tuesday, reaching $0.35. 68,889 shares of the company were exchanged, compared to its average volume of 650,803. The firm has a 50 day moving average of $0.47 and a 200 day moving average of $0.74. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.16 and a quick ratio of 0.68. Wallbox has a 52 week low of $0.34 and a 52 week high of $1.73.
About Wallbox
Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use worldwide. The company operates in three segments: Europe-Middle East and Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, Pulsar Plus Socket, Pulsar Max, and Pulsar Pro, an AC smart chargers for home and shared spaces; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar 2, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks; as well as Wallbox ABL eM4 Single and Twin chargers and eMC3 charging pole.
Featured Stories
- Five stocks we like better than Wallbox
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- What does consumer price index measure?
- 3 Must-Own Stocks to Build Wealth This Decade
- Growth Stocks: What They Are, What They Are Not
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Wallbox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wallbox and related companies with MarketBeat.com's FREE daily email newsletter.