Wex Inc Stock Price on May 1, 2024

WEX Stock  USD 178.94  4.03  2.20%   
Below is the normalized historical share price chart for Wex Inc extending back to February 16, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wex stands at 178.94, as last reported on the 11th of December 2024, with the highest price reaching 178.94 and the lowest price hitting 178.94 during the day.
IPO Date
16th of February 2005
200 Day MA
198.4157
50 Day MA
192.1208
Beta
1.574
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wex Stock, it is important to understand the factors that can impact its price. Wex Inc shows Sharpe Ratio of -0.0383, which attests that the company had a -0.0383% return per unit of risk over the last 3 months. Wex Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wex's Standard Deviation of 2.41, market risk adjusted performance of (0.04), and Mean Deviation of 1.26 to validate the risk estimate we provide.
  
At this time, Wex's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 14.6 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.1 B in 2024. . At this time, Wex's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.88 in 2024, whereas Price Earnings Ratio is likely to drop 22.11 in 2024. Wex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0383

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Negative ReturnsWEX

Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wex is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wex by adding Wex to a well-diversified portfolio.
Price Book
4.3393
Enterprise Value Ebitda
7.7234
Price Sales
2.6813
Shares Float
39.5 M
Wall Street Target Price
206.9315

Wex Main Headline on 1st of May 2024

Filed transaction by Wex Inc Officer: Svp, Acting General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Wex Valuation on May 1, 2024

It is possible to determine the worth of Wex on a given historical date. On May 1, 2024 Wex was worth 211.34 at the beginning of the trading date compared to the closed value of 209.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wex stock. Still, in general, we apply an absolute valuation method to find Wex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wex's related companies.
 Open High Low Close Volume
  216.88    217.42    211.20    211.26    395,900  
05/01/2024
  211.34    212.79    208.97    209.41    316,300  
  211.63    212.27    208.94    210.77    241,200  
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Open Value
211.34
203.95
Downside
209.41
Closing Value
218.73
Upside

Wex Trading Date Momentum on May 1, 2024

On May 02 2024 Wex Inc was traded for  210.77  at the closing time. Highest Wex's price during the trading hours was 212.27  and the lowest price during the day was  208.94 . The net volume was 241.2 K. The overall trading history on the 2nd of May contributed to the next trading period price jump. The trading price change to the next next day price was 0.65% . The trading price change to current price is 0.79% .

Wex Inc Fundamentals Correlations and Trends

By evaluating Wex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wex Stock history

Wex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wex Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wex stock prices may prove useful in developing a viable investing in Wex
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.3 M45.2 M
Net Income Applicable To Common Shares231.7 M243.2 M

Wex Quarterly Net Working Capital

391.3 Million

Wex Stock Technical Analysis

Wex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Wex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wex Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wex Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Wex December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Wex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wex shares will generate the highest return on investment. By undertsting and applying Wex stock market strength indicators, traders can identify Wex Inc entry and exit signals to maximize returns

Wex Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wex's price direction in advance. Along with the technical and fundamental analysis of Wex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Wex Stock Analysis

When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.