Western Union Company (NYSE:WU) shares, rose in value on Wednesday, January 22, with the stock price down by -1.35% to the previous day’s close as strong demand from buyers drove the stock to $10.26.
Actively observing the price movement in the last trading, the stock closed the session at $10.40, falling within a range of $10.19 and $10.37. The value of beta (5-year monthly) was 0.888 whereas the PE ratio was 5.24 over 12-month period. Referring to stock’s 52-week performance, its high was $14.19, and the low was $10.19. On the whole, WU has fluctuated by -4.56% over the past month.
With the market capitalization of Western Union Company currently standing at about $3.47 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.94, with its dividend yield at 9.16%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.18B, with a low estimate of 1B and a high estimate of 1.05B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.03B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WU’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.30, with the price of WU currently trading nearly -2.21% and -4.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.78, while the 7-day volatility ratio is showing 1.50% which for the 30-day chart, stands at 1.74%. Furthermore, Western Union Company (WU)’s beta value is 0.88, and its average true range (ATR) is 0.20.
A comparison of Western Union Company (WU) with its peers suggests the former has fared considerably weaker in the market. WU showed an intraday change of -1.35% in last session, and over the past year, it shrunk by -15.00%%.
Data on historical trading for Western Union Company (NYSE:WU) indicates that the trading volumes over the past 10 days have averaged 3.83 and over the past 3 months, they’ve averaged 4.66 million. According to company’s latest data on outstanding shares, there are 337.80 million shares outstanding.
Nearly 0.42% of Western Union Company’s shares belong to company insiders and institutional investors own 91.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.7 million shares as on 2024-12-31, resulting in a short ratio of 4.26. According to the data, the short interest in Western Union Company (WU) stood at 837.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 19.63 million. The stock has fallen by -3.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WU stock heading into the next quarter.
