Westwater Resources Inc (AMEX:WWR) shares, rose in value on Wednesday, June 18, with the stock price up by 5.39% to the previous day’s close as strong demand from buyers drove the stock to $0.60.
Actively observing the price movement in the last trading, the stock closed the session at $0.57. Referring to stock’s 52-week performance, its high was $1.32, and the low was $0.45. On the whole, WWR has fluctuated by 25.18% over the past month.
With the market capitalization of Westwater Resources Inc currently standing at about $46.61 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2017-Aug-11.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WWR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 WWR currently trading nearly 14.32% and 16.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.53, while the 7-day volatility ratio is showing 8.41% which for the 30-day chart, stands at 5.18%. Furthermore, Westwater Resources Inc (WWR)’s beta value is 1.03, and its average true range (ATR) is 0.04.
A comparison of Westwater Resources Inc (WWR) with its peers suggests the former has fared considerably weaker in the market. WWR showed an intraday change of 5.39% in last session, and over the past year, it grew by 21.95%%.
Data on historical trading for Westwater Resources Inc (AMEX:WWR) indicates that the trading volumes over the past 3 months, they’ve averaged 646.51K. According to company’s latest data on outstanding shares, there are 72.10 million shares outstanding.
Nearly 12.78% of Westwater Resources Inc’s shares belong to company insiders and institutional investors own 7.75% of the company’s shares. The stock has fallen by -15.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WWR stock heading into the next quarter.
