TeraWulf Inc (WULF): A Case For Going Higher

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. Recently, Yahoo Finance discussed the stock, revealing that TeraWulf Announces January 2024 Production and Operations Update: 7.1 EH/s and Counting.

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Stocks Info

This NASDAQ-listed company operates within the Capital Markets industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $2.38 and fluctuated between $2.4800 as its day high and $2.2100 as its day low. The current market capitalization of TeraWulf Inc is $574.57M. A total of 30.45 million shares were traded on the day, compared to an average of 1.60 shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, WULF 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 54 BUYs and 22 SELLs from insiders. Insiders purchased 33,163,082 shares during that period but sold 27,084,536.

In the most recent transaction, Prager Paul B. bought 50,000 shares of WULF for 1.90 per share on Aug 18. After the transaction, the Chief Executive Officer now owns 525,000 company shares. In a previous transaction on Apr 11, Prager Paul B. bought 100,000 shares at 1.37 per share. WULF shares that Chief Executive Officer owns now total 475,000.

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 WULF in the last 3 months, the mean price target is $3.88 with high estimates of $4.50 and low estimates of $3.00. In terms of 52-week highs and lows, WULF has a high of $4.04 and a low of $0.54.

As of this writing, WULF has an earnings estimate of $Wolfspeed, Inc. per share for the current quarter. EPS was calculated based on a consensus of TeraWulf Inc. estimates, with a high estimate of $GULF per share and a lower estimate of $DECENTRAL LIFE INC.

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. WULF’s latest balance sheet shows that the firm has $6.30M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $1.74M in liabilities at the time. Its Book Value Per Share was $0.62, while its Total Shareholder’s Equity was $28.27M.

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 WULF is Buy with a score of 4.80.

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