Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Weibo Corp ADR (NASDAQ: WB) was $8.13 for the day, up 0.49% from the previous closing price of $8.09. In other words, the price has increased by $0.49 from its previous closing price. On the day, 1.32 million shares were traded. WB stock price reached its highest trading level at $8.22 during the session, while it also had its lowest trading level at $7.972.
Ratios:
Our analysis of WB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.55.
On March 19, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $11.50.
BofA Securities Downgraded its Buy to Underperform on January 11, 2024, whereas the target price for the stock was revised from $19.50 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WB now has a Market Capitalization of 2009817344 and an Enterprise Value of 1457259008. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.68, and their Forward P/E ratio for the next fiscal year is 4.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.828 whereas that against EBITDA is 2.762.
Stock Price History:
Over the past 52 weeks, WB has reached a high of $15.46, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be -19.00%.
Shares Statistics:
WB traded an average of 2.57M shares per day over the past three months and 2438390 shares per day over the past ten days. A total of 145.37M shares are outstanding, with a floating share count of 145.31M. Insiders hold about 0.04% of the company’s shares, while institutions hold 51.90% stake in the company. Shares short for WB as of 1711584000 were 10903687 with a Short Ratio of 4.21, compared to 1709164800 on 10876480.
