| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | -1.3B | -304% |
| Gross Profit | -383.1MM | -358% |
| Cost Of Revenue | 497.4MM | +2% |
| Operating Income | 79.6MM | -19% |
| Operating Expenses | -462.6MM | - |
| Net Income | -240.2MM | -393% |
| G&A | 56.9MM | +13% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Insights into Encore Wire's Financial Performance and Strategic Developments
MCKINNEY, Texas, April 23, 2024--Encore Wire Corporation (NASDAQ Global Select: WIRE) ("Encore Wire" or the "Company") today announced results for the first quarter of 2024.
In this piece, we will take a look at Bill Miller’s latest stock picks. If you want to skip our overview of Miller, his firm, and the latest news revolving around his hedge fund, then you can skip ahead to Bill Miller’s Latest 5 Stock Picks. Legendary value investor Bill Miller is the founder, Chairman, […]
Encore Wire stock was surging Monday after the copper and aluminum cable and wire maker announced that it has entered into an agreement to be acquired by Prysmian for about €3.9 billion, or $4.2 billion. Prysmian an Italian cable maker, will pay $290 a share in cash to buy Encore a premium of 11% to the stock’s closing price on Friday of $260.98. “This transaction maximizes value for Encore Wire shareholders and provides an attractive premium for their shares,” Encore Chief Executive ...
Italy's Prysmian announced a deal to buy US firm Encore Wire at an 11% premium as it doubles down on a North American market that already powers its profits.
MCKINNEY, Texas, April 15, 2024--Encore Wire (NASDAQ: WIRE) today announced that it has entered into a definitive merger agreement under which Prysmian (BIT: PRY) will acquire Encore Wire for $290.00 per share in cash (the "Transaction"). The Transaction represents a premium of approximately 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024 and approximately 29% to the 90-day VWAP as of the same date.
Here is how DNOW (DNOW) and Encore Wire (WIRE) have performed compared to their sector so far this year.
Encore Wire Corporation ( NASDAQ:WIRE ), might not be a large cap stock, but it received a lot of attention from a...
Encore Wire (WIRE) concluded the recent trading session at $268.65, signifying a +1.78% move from its prior day's close.
Encore Wire (WIRE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.