Wayfair Inc (NYSE:W) Breaks 52 Week High Record

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Wayfair Inc (NYSE:W)

March 21st, 2019

Amidst rising markets Wayfair Inc rose $0.23 Thursday, a 0.13% increase, closing at $171.37. Furthermore it hit a new 52 week high of $173.72. The stock continues to trade well at 183.12% of its 52 week low of $60.53. While it is positive news the stock ended higher, the trading volumes were only 48.00% of normal which could be an indication of investor uncertainty.

W was outperformed by the rest of the Consumer Discretionary sector which went up 1.32%.

Analysis results from 20 analysts indicates that Wayfair Inc might go down somewhat (-9.55%), while Finbox has calculated (with medium uncertainty) a fair value price of $126.41.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (2.47%), while Financials saw the biggest drop (-0.30%). Information Technology has seen the biggest year-to-date gain at 18.16%.

Real Estate saw the biggest turnaround from its 5-day performance of -0.72%, as it went up 1.79%. Financials saw a turn around from its 5-day performance of -0.81% trading down -0.30%.

Sector Breakdown

  • Information Technology went up with a 2.47% change.
  • Real Estate went up with a 1.79% change.
  • Consumer Discretionary went up with a 1.32% change.
  • Consumer Staples went up with a 1.19% change.
  • Utilities went up with a 1.05% change.
  • Materials went up with a 1.04% change.
  • Industrials went up with a 0.95% change.
  • Communication Services went up with a 0.89% change.
  • Energy went up with a 0.69% change.
  • Healthcare went up with a 0.35% change.
  • Financials went down with a -0.30% change.

Wayfair Inc Info

Wayfair Inc. engages in the e-commerce business in the United States, Europe, and internationally. The company offers approximately 10 million products for the home sector under various brands. It offers a selection of furniture, décor, decorative accents, housewares, seasonal décor, and other home goods through its sites, such as Wayfair, Joss & Main, AllModern, DwellStudio, Perigold, and Birch Lane. Wayfair Inc. was founded in 2002 and is headquartered in Boston, Massachusetts.

All amounts in USD unless otherwise indicated

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W daily update

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