Waystar Holding Corp (NASDAQ:WAY) shares, rose in value on Thursday, March 27, with the stock price up by 2.28% to the previous day’s close as strong demand from buyers drove the stock to $38.54.
Actively observing the price movement in the last trading, the stock closed the session at $37.68, falling within a range of $36.83 and $38.86. Referring to stock’s 52-week performance, its high was $48.11, and the low was $20.26. On the whole, WAY has fluctuated by -9.00% over the past month.
With the market capitalization of Waystar Holding Corp currently standing at about $6.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.01B, with a low estimate of 244.5M and a high estimate of 257M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 248.47M.
The stock’s technical analysis shows that the price of WAY currently trading nearly -0.09% and -3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.63, while the 7-day volatility ratio is showing 4.38% which for the 30-day chart, stands at 5.38%. Furthermore, Waystar Holding Corp (WAY)’s average true range (ATR) is 1.90.
Data on historical trading for Waystar Holding Corp (NASDAQ:WAY) indicates that the trading volumes over the past 10 days have averaged 1.99 and over the past 3 months, they’ve averaged 2.04 million. According to company’s latest data on outstanding shares, there are 172.11 million shares outstanding.
Nearly 43.40% of Waystar Holding Corp’s shares belong to company insiders and institutional investors own 45.43% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.43 million shares as on 2025-03-14, resulting in a short ratio of 1.29. According to the data, the short interest in Waystar Holding Corp (WAY) stood at 763.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.15 million. The stock has risen by 5.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WAY stock heading into the next quarter.
