Wallbox (WBX) Scheduled to Post Earnings on Wednesday

Wallbox (NYSE:WBX) is set to release its earnings data before the market opens on Wednesday, November 6th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Wallbox Stock Performance

Wallbox stock opened at $0.90 on Tuesday. Wallbox has a 12 month low of $0.82 and a 12 month high of $2.09. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.68 and a current ratio of 1.16. The business has a 50 day simple moving average of $1.16 and a 200-day simple moving average of $1.33.

Wall Street Analyst Weigh In

Several research analysts have issued reports on WBX shares. Canaccord Genuity Group cut their price objective on Wallbox from $4.00 to $3.25 and set a “buy” rating for the company in a research report on Tuesday, July 9th. UBS Group decreased their price objective on Wallbox from $1.75 to $1.25 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus lowered Wallbox from a “buy” rating to a “hold” rating and decreased their price objective for the company from $3.00 to $1.50 in a research note on Wednesday, October 30th.

Wallbox Company Profile

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.