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WisdomTree Investments (NASDAQ:WETF) shares hit a new 52-week low during trading on Thursday , StockRatingsNetwork reports. The stock traded as low as $9.46 and last traded at $9.49, with a volume of 2,716,963 shares. The stock had previously closed at $10.38.

A number of research firms have recently commented on WETF. Analysts at Susquehanna cut their price target on shares of WisdomTree Investments from $13.00 to $11.00 in a research note on Tuesday, May 6th. Separately, analysts at Ned Davis Research upgraded shares of WisdomTree Investments from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $14.43.

The stock has a 50-day moving average of $12.27 and a 200-day moving average of $11.5. The company has a market cap of $1.252 billion and a P/E ratio of 19.62.

WisdomTree Investments (NASDAQ:WETF) last issued its quarterly earnings data on Friday, May 2nd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $42.90 million for the quarter, compared to the consensus estimate of $43.66 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 46.4% on a year-over-year basis. On average, analysts predict that WisdomTree Investments will post $0.42 earnings per share for the current fiscal year.

WisdomTree Investments, Inc is an asset management company that focuses on exchange-traded funds (NASDAQ:WETF).

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