Market Insight: Weibo Corp ADR (WB)’s Notable Drop, Closing at 8.51

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Weibo Corp ADR (NASDAQ: WB) closed at $8.51 down -3.84% from its previous closing price of $8.85. In other words, the price has decreased by -$3.84 from its previous closing price. On the day, 1.88 million shares were traded. WB stock price reached its highest trading level at $8.925 during the session, while it also had its lowest trading level at $8.45.

Ratios:

For a deeper understanding of Weibo Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.58.

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 the company, Morgan Stanley on May 17, 2024, Downgraded its rating to Underweight and sets its target price to $10 from $11 previously.

UBS Upgraded its Neutral to Buy on March 19, 2024, while the target price for the stock was maintained at $11.50.

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 2164688640 and an Enterprise Value of 1737484928. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.13, and their Forward P/E ratio for the next fiscal year is 4.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.987 whereas that against EBITDA is 3.269.

Stock Price History:

Over the past 52 weeks, WB has reached a high of $14.55, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is -2.22%, while the 200-Day Moving Average is calculated to be -10.67%.

Shares Statistics:

For the past three months, WB has traded an average of 2.30M shares per day and 1872690 over the past ten days. A total of 155.49M shares are outstanding, with a floating share count of 155.43M. Insiders hold about 0.04% of the company’s shares, while institutions hold 45.72% stake in the company. Shares short for WB as of 1714435200 were 11992783 with a Short Ratio of 6.12, compared to 1711584000 on 10803408.

Most Popular