The leading market experts have placed a mean price target of $5.00 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 $-0.01 a share for the upcoming quarter and $-0.08 for the current fiscal.
The technical analysis of Houston Wire & Cable Company plainly substantiates that the 50-day moving average of Houston Wire & Cable Company is $5.74, and stock is trading $0.02 points away or +0.42% from its 50-day moving average of $5.74. Further it is trading $-0.24 or -3.96% away its 200-day moving average of $6.00. Houston Wire & Cable Company (NASDAQ:HWCC) 52-week high is $7.88 and the 52-week low is $4.79.
This explains if the stock moves $-2.12, it will post a 52-week high. In event of +20.25% 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 $5.76 and registered a market cap of $94.87M. 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 -4.81.
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