Wix.com Already 4% Down, Almost Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than hour and Wix.com‘s pre-market value is already 4.66% down.

Wix.com’s last close was $136.09, 5.22% below its 52-week high of $143.59.

The last session, NASDAQ finished with Wix.com (WIX) jumping 0.92% to $136.09. NASDAQ rose 0.32% to $16,306.64, after three consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About Wix.com

Wix.com Ltd., together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. and changed its name to Wix.com Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

Earnings Per Share

As for profitability, Wix.com has a trailing twelve months EPS of $0.57.

PE Ratio

Wix.com has a trailing twelve months price to earnings ratio of 238.75. Meaning, the purchaser of the share is investing $238.75 for every dollar of annual earnings.

Yearly Top and Bottom Value

Wix.com’s stock is valued at $136.09 at 09:31 EST, below its 52-week high of $143.59 and way higher than its 52-week low of $73.39.

Sales Growth

Wix.com’s sales growth for the next quarter is 11.6%.

Moving Average

Wix.com’s value is higher than its 50-day moving average of $129.17 and way higher than its 200-day moving average of $99.49.

More news about Wix.com (WIX).

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