Wayfair Stock Is 22% Down In The Last 10 Sessions

(VIANEWS) – Shares of Wayfair (NYSE: W) slid by a staggering 22.59% in 10 sessions from $63.74 to $49.34 at 14:25 EST on Tuesday, after two sequential sessions in a row of gains. NYSE is dropping 0.13% to $16,030.88, after two successive sessions in a row of gains.

Wayfair’s last close was $52.58, 82.36% under its 52-week high of $298.00.

About Wayfair

Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Wayfair has a trailing twelve months EPS of $1.86.

PE Ratio

Wayfair has a trailing twelve months price to earnings ratio of 26.53. Meaning, the purchaser of the share is investing $26.53 for every dollar of annual earnings.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Wayfair’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for Wayfair is 3985288 which is 28.48% below its average volume of 5522750.

More news about Wayfair (W).

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