WEX Inc (NYSE:WEX) shares, rose in value, with the stock price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $123.21.
Actively observing the price movement in the last trading, the stock closed the session at $122.60, falling within a range of $121.59 and $125.02. The value of beta (5-year monthly) was 1.331 whereas the PE ratio was 16.42 over 12-month period. Referring to stock’s 52-week performance, its high was $235.65, and the low was $110.45. On the whole, WEX has fluctuated by -20.37% over the past month.
With the market capitalization of WEX Inc currently standing at about $4.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.62B, with a low estimate of 622M and a high estimate of 636.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 631.74M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WEX’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 2.44, with the price of WEX currently trading nearly -11.94% and -17.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.32, while the 7-day volatility ratio is showing 4.12% which for the 30-day chart, stands at 5.81%. Furthermore, WEX Inc (WEX)’s beta value is 1.31, and its average true range (ATR) is 7.65.
A comparison of WEX Inc (WEX) with its peers suggests the former has fared considerably weaker in the market. WEX showed an intraday change of 0.50% in last session, and over the past year, it shrunk by -47.24%%.
Data on historical trading for WEX Inc (NYSE:WEX) indicates that the trading volumes over the past 10 days have averaged 1.1 and over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 39.00 million shares outstanding.
Nearly 1.04% of WEX Inc’s shares belong to company insiders and institutional investors own 117.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.13 million shares as on 2025-03-31, resulting in a short ratio of 3.55. According to the data, the short interest in WEX Inc (WEX) stood at 1493.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.04 million. The stock has fallen by -29.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WEX stock heading into the next quarter.
