Waldencast plc (NASDAQ:WALD) shares, rose in value on Thursday, April 16, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.62.
Actively observing the price movement in the last trading, the stock closed the session at $2.62, falling within a range of $2.53 and $2.72. The value of beta (5-year monthly) was -0.521. Referring to stock’s 52-week performance, its high was $5.82, and the low was $2.31. On the whole, WALD has fluctuated by -18.13% over the past month.
With the market capitalization of Waldencast plc currently standing at about $321.53 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 313.16M, with a low estimate of 68.2M and a high estimate of 68.4M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 68.27M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WALD’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 price of WALD currently trading nearly -5.03% and -13.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.80, while the 7-day volatility ratio is showing 8.89% which for the 30-day chart, stands at 8.52%. Furthermore, Waldencast plc (WALD)’s beta value is -0.36, and its average true range (ATR) is 0.23.
A comparison of Waldencast plc (WALD) with its peers suggests the former has fared considerably weaker in the market. WALD showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -53.30%%.
Data on historical trading for Waldencast plc (NASDAQ:WALD) indicates that the trading volumes over the past 10 days have averaged 52340.0 and over the past 3 months, they’ve averaged 60.21K. According to company’s latest data on outstanding shares, there are 112.05 million shares outstanding.
Nearly 70.87% of Waldencast plc’s shares belong to company insiders and institutional investors own 20.92% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.4 million shares as on 2025-03-31, resulting in a short ratio of 6.73. According to the data, the short interest in Waldencast plc (WALD) stood at 94.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.39 million. The stock has fallen by -34.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WALD stock heading into the next quarter.
