TeraWulf Inc (NASDAQ:WULF) shares traded -2.43% lower at $4.41 on Wall Street last session.
WULF stock price is now 34.93% away from the 50-day moving average and -7.96% away from the 200-day moving average. The market capitalization of the company currently stands at $1.70B.
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 $0.91 million. A total of 25.53% of the company’s stock is owned by insiders.
During the past 12 months, TeraWulf Inc has had a low of $2.06 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.
