Warby Parker Inc (NYSE:WRBY) shares, rose in value on Thursday, March 27, with the stock price down by -2.41% to the previous day’s close as strong demand from buyers drove the stock to $19.00.
Actively observing the price movement in the last trading, the stock closed the session at $19.47, falling within a range of $18.96 and $19.505. The value of beta (5-year monthly) was 1.921. Referring to stock’s 52-week performance, its high was $28.68, and the low was $11.66. On the whole, WRBY has fluctuated by -20.03% over the past month.
With the market capitalization of Warby Parker Inc currently standing at about $2.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 888.28M, with a low estimate of 224.2M and a high estimate of 227.62M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 225.46M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WRBY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of WRBY currently trading nearly -8.33% and -20.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.89, while the 7-day volatility ratio is showing 4.16% which for the 30-day chart, stands at 6.27%. Furthermore, Warby Parker Inc (WRBY)’s beta value is 1.98, and its average true range (ATR) is 1.22.
A comparison of Warby Parker Inc (WRBY) with its peers suggests the former has fared considerably weaker in the market. WRBY showed an intraday change of -2.41% in last session, and over the past year, it grew by 46.83%%.
Data on historical trading for Warby Parker Inc (NYSE:WRBY) indicates that the trading volumes over the past 10 days have averaged 2.62 and over the past 3 months, they’ve averaged 2.00 million. According to company’s latest data on outstanding shares, there are 102.89 million shares outstanding.
Nearly 20.61% of Warby Parker Inc’s shares belong to company insiders and institutional investors own 76.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.09 million shares as on 2025-03-14, resulting in a short ratio of 3.7. According to the data, the short interest in Warby Parker Inc (WRBY) stood at 1197.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.75 million. The stock has fallen by -21.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WRBY stock heading into the next quarter.
