Wallbox (WBX) Scheduled to Post Quarterly Earnings on Wednesday

Wallbox (NYSE:WBX - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, November 6th. Parties that are interested in registering for the company's conference call can do so using this link.

Wallbox Price Performance

Wallbox stock traded down $0.01 during trading hours on Wednesday, reaching $0.95. 145,372 shares of the stock were exchanged, compared to its average volume of 392,152. The firm's 50 day moving average is $1.21 and its 200 day moving average is $1.34. 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 52-week low of $0.82 and a 52-week high of $2.09.

Analyst Upgrades and Downgrades

WBX has been the topic of a number of recent analyst reports. Stifel Nicolaus lowered Wallbox from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $3.00 to $1.50 in a report on Wednesday. UBS Group cut their price target 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. Finally, Canaccord Genuity Group decreased their price objective on shares of Wallbox from $4.00 to $3.25 and set a "buy" rating on the stock in a report on Tuesday, July 9th.

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.