The trading price of TeraWulf Inc (NASDAQ:WULF) closed higher on Friday, July 12, closing at $5.31, 11.79% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $6.05 and a 52-week low of $0.89. Over the past month, the stock has gained 52.81% in value.
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TeraWulf Inc, whose market valuation is $1.77 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest WULF has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that WULF’s price is currently 13.99% off the SMA20 and 62.66% off the SMA50. The RSI metric on the 14-day chart is currently showing 64.24, and weekly volatility stands at 15.07%. When measured over the past 30 days, the indicator reaches 12.91%. TeraWulf Inc (NASDAQ:WULF)’s beta value is currently sitting at 2.60, while the Average True Range indicator is currently displaying 0.56.
To see how TeraWulf Inc stock has been performing in comparison to its peers in the industry, here are the numbers: WULF stock’s performance was 11.79% in the latest trading, and 67.51% in the past year.
An evaluation of the daily trading volume of TeraWulf Inc (NASDAQ:WULF) indicates that the 3-month average is 20.05 million.
Currently, records show that 276.73 million of the company’s shares remain outstanding. The insiders hold 27.86% of outstanding shares, whereas institutions hold 21.59%. However, since the stock’s price has seen 121.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
