After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Wish Further Expands its Logistics as a Service (LaaS) Arm with the Launch of ‘WishPost Smart Parcel’.
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Stocks Info
WISH belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Internet Retail industry. At the end of the last regular session, the stock closed at $4.47 and fluctuated between $4.5150 as its day high and $4.1650 as its day low. The current market capitalization of ContextLogic Inc is $107.32M. A total of 1.33 million shares were traded on the day, compared to an average of 817.25K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, WISH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 4 BUYs and 10 SELLs from insiders. Insiders purchased 1,203,412 shares during that period but sold 1,632,428.
In the most recent transaction, Liu Ying Vivian sold 340,000 shares of WISH for 0.46 per share on Mar 08. After the transaction, the CFO and COO now owns 793,423 company shares. In a previous transaction on Mar 08, Wang Shuyan (Rachel) sold 20,337 shares at 0.48 per share. WISH shares that Head of Data Science owns now total 0.
Among the insiders who sold shares, Jain Tarun Kumar disposed of 88,000 shares on Mar 02 at a per-share price of $0.46. This resulted in the Former Chief Product Officer holding 90,622 shares of WISH after the transaction. In another insider transaction, Talwar Vijay sold 550,000 shares at $0.88 per share on Feb 13. Company shares held by the Former CEO & Director now total 599,967.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, WISH has a high of $32.10 and a low of $3.55.
As of this writing, WISH has an earnings estimate of $ContextLogic Inc. per share for the current quarter. EPS was calculated based on a consensus of Themes Generative Artificial In estimates, with a high estimate of $Washington Trust Bancorp, Inc. per share and a lower estimate of $WiSA Technologies, Inc.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. WISH’s latest balance sheet shows that the firm has $1.16B in Cash & Short Term Investments as of fiscal 2021. There were $16.00M in debt and $449.00M in liabilities at the time. Its Book Value Per Share was $11.33, while its Total Shareholder’s Equity was $818.00M.
Analysts Opinion
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. 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 WISH is Buy with a score of 2.33.
