Wallbox (NYSE:WBX) Stock Price Down 1.3%

Wallbox (NYSE:WBXGet Free Report) dropped 1.3% during mid-day trading on Tuesday . The company traded as low as $1.46 and last traded at $1.50. Approximately 451,090 shares were traded during trading, a decline of 20% from the average daily volume of 562,740 shares. The stock had previously closed at $1.52.

Wallbox Stock Down 1.3 %

The company has a current ratio of 1.35, a quick ratio of 0.86 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of $1.48 and a 200-day simple moving average of $1.69.

Institutional Trading of Wallbox

Institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Wallbox in the 4th quarter valued at about $8,923,000. First Trust Advisors LP purchased a new stake in shares of Wallbox in the 1st quarter valued at about $12,279,000. State Street Corp purchased a new stake in shares of Wallbox in the 2nd quarter valued at about $982,000. Bank of America Corp DE lifted its holdings in shares of Wallbox by 170.0% in the 4th quarter. Bank of America Corp DE now owns 401,890 shares of the company’s stock valued at $1,439,000 after purchasing an additional 253,038 shares during the last quarter. Finally, Credit Suisse AG lifted its holdings in shares of Wallbox by 60.0% in the 2nd quarter. Credit Suisse AG now owns 597,233 shares of the company’s stock valued at $2,114,000 after purchasing an additional 223,866 shares during the last quarter. 36.94% of the stock is owned by hedge funds and other institutional investors.

About Wallbox

(Get Free Report)

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.

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