12.2 C
New York
Monday, June 5, 2023

There Is A Quest For Clarity Surrounding Whole Earth Brands Inc. (NASDAQ: FREE) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Whole Earth Brands Inc. (FREE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same by $0.00, or 0.00%, to $3.13. The Whole Earth Brands Inc. has recorded 83,163 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Whole Earth Brands Reports First Quarter 2023 Results and Reaffirms Full Year Guidance.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

This NASDAQ-listed company operates within the Packaged Foods industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $3.13 and fluctuated between $3.5500 as its day high and $3.1000 as its day low. The current market capitalization of Whole Earth Brands Inc. is $127.45M. A total of 0.51 million shares were traded on the day, compared to an average of 500.39K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, FREE has seen 11 BUY and 7 SELL insider trades, representing the acquisition of 2,669,695 and the disposition of 17,216 shares. Over the last 12 months, there were 19 BUYs and 10 SELLs from insiders. Insiders purchased 2,771,709 shares during that period but sold 34,656.

In the most recent transaction, Fiaux Bernardo bought 24,627 shares of FREE for 3.23 per share on May 23. After the transaction, the Chief Financial Officer now owns 58,088 company shares. In a previous transaction on May 22, Fiaux Bernardo bought 12,553 shares at 3.15 per share. FREE shares that Chief Financial Officer owns now total 33,461.

Among the insiders who bought shares, Fiaux Bernardo acquired of 19,908 shares on May 19 at a per-share price of $3.00. This resulted in the Chief Financial Officer holding 20,908 shares of FREE after the transaction. In another insider transaction, Fiaux Bernardo bought 1,000 shares at $2.90 per share on May 18. Company shares held by the Chief Financial Officer now total 1,000.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for FREE in the last 3 months, the mean price target is $6.94 with high estimates of $10.00 and low estimates of $5.00. In terms of 52-week highs and lows, FREE has a high of $7.38 and a low of $2.09.

As of this writing, FREE has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.14.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FREE’s latest balance sheet shows that the firm has $28.30M in Cash & Short Term Investments as of fiscal 2021. There were $417.76M in debt and $151.73M in liabilities at the time. Its Book Value Per Share was $6.54, while its Total Shareholder’s Equity was $313.87M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FREE is Buy with a score of 5.00.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles