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WideOpenWest Inc. (WOW): The stock short term indicators are indicating Sell today

WideOpenWest Inc. (WOW) saw an uptrend of 1.38% in the recent trading with $9.57 being its most recent. The current price level -58.28% lower than the highest price of $22.94 marked by the stock while trading over the past 52-weeks, whereas it is 11.67% higher than the lowest price of $8.57 the company dropped to over past 52-weeks. The latest news story on WOW appeared in PR Newswire under the title “WOW! Reaches Key Market Expansion Milestones in South Carolina and Florida” on Feb-28-23.

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Squeezing the time span to 30 day period shows us the stock is currently trading -23.13% below one month high and is +4.82% above of the lowest during that time. Looking into the simple moving average, WideOpenWest Inc. (WOW)’s stock stands at a SMA-50 of $10.98 while that of 5-day is reading $9.71.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and WOW’s SMA-200 as of now is $14.25.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

WideOpenWest Inc. Earnings – What Happened With WOW

Coming around sales and income figures on WOW Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $180.5 billion.

WOW – WideOpenWest Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 84.00 million. WOW does have institutional investors; and they hold 90.60% of the stock.

WideOpenWest Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 17 new insider purchases involving 744,305 shares. On the other hand, WOW declared 301,968 shares have been sold in 8 insider transactions over the past three months.

Currently, the stock has been recommended as Moderate Buy by 7 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by WideOpenWest Inc. was 0.64 while posting a debt to equity ratio of 1.29.

Technical Analysis of WideOpenWest Inc. (NYSE:WOW) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for WideOpenWest Inc. (WOW), we notice that the stock’s 20-day average volume is at 431,390 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 379,624 shares. And to end, WOW’s 100-day average volume is 444,979 shares with 100% of the long-term indicators pointing towards Sell for the stock.

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