For the readers interested in the stock health of European Wax Center Inc. (EWCZ). It is currently valued at $17.90. When the transactions were called off in the previous session, Stock hit the highs of $19.585, after setting-off with the price of $19.15. Company’s stock value dipped to $17.81 during the trading on the day. When the trading was stopped its value was $19.34.Recently in News on May 26, 2022, European Wax Center, Inc. Announces Participation in Upcoming Conferences. European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team are scheduled to participate in investor meetings at the Baird 2022 Global Consumer, Technology and Services Conference in New York on June 6 -7, 2022 and the Jefferies Consumer Conference in Nantucket on June 21-22, 2022. Portfolio managers and analysts who wish to request a meeting should contact their Baird and Jefferies representatives, respectively. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, European Wax Center Inc. shares are logging -42.72% during the 52-week period from high price, and 7.88% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.59 and $31.25.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 882875 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the European Wax Center Inc. (EWCZ) recorded performance in the market was -34.06%, having the revenues showcasing -36.93% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.12B, as it employees total of 111 workers.
European Wax Center Inc. (EWCZ) in the eye of market guru’s
During the last month, 0 analysts gave the European Wax Center Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 25.96, with a change in the price was noted -6.49. In a similar fashion, European Wax Center Inc. posted a movement of -26.61% for the period of last 100 days, recording 442,015 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for EWCZ is recording 0.97 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.94.
European Wax Center Inc. (EWCZ): Stocks Technical analysis and Trends
Raw Stochastic average of European Wax Center Inc. in the period of last 50 days is set at 0.62%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.98%. In the last 20 days, the company’s Stochastic %K was 1.22% and its Stochastic %D was recorded 3.42%.
If we look into the earlier routines of European Wax Center Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -34.06%. The shares increased approximately by -16.94% in the 7-day charts and went up by -30.91% in the period of the last 30 days. Common stock shares were lifted by -36.93% during last recorded quarter.