Wallbox (WBX) Set to Announce Earnings on Wednesday

Wallbox (NYSE:WBX) will be releasing its earnings data before the market opens on Wednesday, November 6th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Wallbox Price Performance

Shares of WBX opened at $0.96 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 0.93. Wallbox has a 1 year low of $0.82 and a 1 year high of $2.09. The company has a 50 day simple moving average of $1.22 and a two-hundred day simple moving average of $1.35.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WBX. UBS Group cut their price objective on shares of Wallbox from $1.75 to $1.25 and set a “neutral” rating for the company in a report on Tuesday, October 15th. Stifel Nicolaus cut their price objective on shares of Wallbox from $4.00 to $3.00 and set a “buy” rating for the company in a report on Monday, August 12th. Finally, Canaccord Genuity Group cut their price objective on shares of Wallbox from $4.00 to $3.25 and set a “buy” rating for the company in a report on Tuesday, July 9th.

About Wallbox

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use worldwide. The company operates in three segments: Europe-Middle East and Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, Pulsar Plus Socket, Pulsar Max, and Pulsar Pro, an AC smart chargers for home and shared spaces; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar 2, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks; as well as Wallbox ABL eM4 Single and Twin chargers and eMC3 charging pole.