TeraWulf Inc (NASDAQ:WULF) shares traded 1.09% higher at $3.72 on Wall Street last session.
WULF stock price is now -33.02% away from the 50-day moving average and -25.71% away from the 200-day moving average. The market capitalization of the company currently stands at $1.44B.
On September 04, 2024, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $6, while ‘Rosenblatt’ rates the stock as ‘Buy’
In other news, Bucella Michael C., Director bought 4,796 shares of the company’s stock on Jan 27 ’25. The stock was bought for $19,999 at an average price of $4.17. Upon completion of the transaction, the Director now directly owns 205,632 shares in the company, valued at $0.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 07 ’24, Chief Acct Officer + Treasurer Deane Kenneth J sold 69,996 shares of the business’s stock. A total of $227,137 was realized by selling the stock at an average price of $3.25. This leaves the insider owning 337,245 shares of the company worth $1.25 million. A total of 25.87% of the company’s stock is owned by insiders.
During the past 12 months, TeraWulf Inc has had a low of $1.57 and a high of $9.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.00, and a quick ratio of 1.00.
The net profit margin was -42.78% and return on equity was -20.41% for WULF. The company reported revenue of $27.06 million for the quarter, compared to $18.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.75 percent.
