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The price of Webtoon Entertainment Inc. (NASDAQ: WBTN) closed at $12.17 in the last session, down -1.62% from day before closing price of $12.37. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.71 million shares were traded. WBTN stock price reached its highest trading level at $12.95 during the session, while it also had its lowest trading level at $11.6.
Ratios:
We take a closer look at WBTN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on July 22, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $23.
On July 22, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $23.
On July 22, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $62.Goldman initiated its Buy rating on July 22, 2024, with a $62 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 14 ’24 when Kim Yongsoo bought 7,800 shares for $12.92 per share. The transaction valued at 100,776 led to the insider holds 110,910 shares of the business.
Lee David J. bought 8,000 shares of WBTN for $104,000 on Aug 15 ’24. The insider now owns 315,303 shares after completing the transaction at $13.00 per share. On Aug 14 ’24, another insider, Lee David J., who serves as the insider of the company, bought 7,722 shares for $12.93 each. As a result, the insider paid 99,845 and bolstered with 307,303 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBTN now has a Market Capitalization of 1561082368 and an Enterprise Value of 1076156416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 0.828 whereas that against EBITDA is -26.253.
Stock Price History:
Over the past 52 weeks, WBTN has reached a high of $25.66, while it has fallen to a 52-week low of $11.15. The 50-Day Moving Average of the stock is -38.08%, while the 200-Day Moving Average is calculated to be -38.08%.
Shares Statistics:
According to the various share statistics, WBTN traded on average about 813.31K shares per day over the past 3-months and 779380 shares per day over the past 10 days. A total of 127.07M shares are outstanding, with a floating share count of 14.70M. Insiders hold about 88.31% of the company’s shares, while institutions hold 13.64% stake in the company. Shares short for WBTN as of 1722384000 were 1088828 with a Short Ratio of 1.66, compared to 1719532800 on 795774.
