WillScot Corporation (NASDAQ:WSC) traded at $12.81 at last check on Tuesday, Jun 30, making a downturn move of -2.4% on its previous day’s price.
Looking at the stock we see that its previous close was $13.12 and the beta (5Y monthly) reads 1.88 with the day’s price range being $12.80 – 13.37. In terms of its 52-week price range, WSC has a high of $19.79 and a low of $7.45. The company’s stock has gained about -1.65% over that past 30 days.
On the other hand, looking at the outlook for the WSC stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Let’s briefly compare WillScot (WSC) stock to its peers. We find that today’s price change of -2.4% and -12.77% over the past 12 months for WSC competes that of Leggett & Platt Inc (LEG), which has seen its stock price rise 1.29% in the latest trading session and is -9.8% over the last one year. Another of its peers Masonite Worldwide Hld (DOOR) has dropped -3.07% today, and is +50.8% up over the past year, while La-Z-Boy Inc (LZB) is also down -2.4% yet its price remains in the red at -12.77% over the same period. Leggett has a P/E ratio of 14.74 compared to WillScot’s 0 and Masonite’s 28.4. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to WillScot Corporation (NASDAQ:WSC), we note that the average 3-month trading volume was 1.01 Million, while that of the preceding 10-day period stands at 2.59 Million. Current shares outstanding are 110.56 Million.
According to data from Thomson Reuters, insiders hold 47.11% of the company’s shares while institutions hold 54.27%. The data shows that short shares as of June 14, 2020, stood at 10.86 Million at a short ratio of 12.47. This represents a 9.16% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 9.11 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -29.04% down in year-to-date price movement.