The leading market experts have placed a mean price target of $6.000 on Houston Wire & Cable Company (NASDAQ:HWCC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.020 a share for the upcoming quarter and $0.040 for the current fiscal. Technical View The technical analysis of Houston Wire & Cable Company plainly substantiates that the 50-day moving average of Houston Wire & Cable Company is $5.447, and stock is hovering 0.418 or +7.679% distant from $5.447. It is noted that the 200-day MA is $5.905, and Houston Wire & Cable Company stock is $-0.040 or -0.670% off from this point. Houston Wire & Cable Company (NASDAQ:HWCC) 52-week high is $10.100 and the 52-week low is $4.790. This explains if the stock moves $-4.235, it will post a 52-week high. In event of $+22.443% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Houston Wire & Cable Company, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Houston Wire & Cable Company (NASDAQ:HWCC) ratio came in at N/A. The stock last ended the trading session at $5.865 and registered a market cap of $97.07M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Houston Wire & Cable Company (NASDAQ:HWCC) PEG ratio is at 8.950.
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