InvestorsObserver is giving Wix.Com Ltd (WIX) an Analyst Rating Rank of 67, meaning WIX is ranked higher by analysts than 67% of stocks. The average projection by analysts for WIX is $292.5 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Wix.Com Ltd Stock Today?
Wix.Com Ltd (WIX) stock is trading at $271.86 as of 2:26 PM on Friday, Oct 23, a gain of $7.70, or 2.91% from the previous closing price of $264.16. The stock has traded between $263.20 and $274.83 so far today. Volume today is 544,222 compared to average volume of 483,301.
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