In Tuesday’s Wall Street session, TeraWulf Inc (NASDAQ:WULF) shares traded at $3.94, up 0.25% from the previous session.
WULF stock price is now 28.62% away from the 50-day moving average and -17.77% away from the 200-day moving average. The market capitalization of the company currently stands at $1.52B.
With the price target of $7, Citizens JMP recently initiated with Mkt Outperform rating for TeraWulf Inc (NASDAQ: WULF). , while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
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 $0.81 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 $1.33 million. A total of 24.26% of the company’s stock is owned by insiders.
During the past 12 months, TeraWulf Inc has had a low of $1.96 and a high of $9.30. As of last week, the company has a debt-to-equity ratio of 2.89, a current ratio of 1.90, and a quick ratio of 1.90.
The net profit margin was -94.54% and return on equity was -56.12% for WULF. The company reported revenue of $34.41 million for the quarter, compared to $42.43 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.92 percent. For the current quarter, analysts expect WULF to generate $45.92M in revenue.
