Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Weibo Corp ADR (NASDAQ: WB) closed at $7.60 up 3.54% from its previous closing price of $7.34. In other words, the price has increased by $3.54 from its previous closing price. On the day, 2.33 million shares were traded. WB stock price reached its highest trading level at $7.67 during the session, while it also had its lowest trading level at $7.4.
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 3.57 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
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 1905183232 and an Enterprise Value of 1414978944. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.68, and their Forward P/E ratio for the next fiscal year is 4.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.39. 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 0.52. Its current Enterprise Value per Revenue stands at 0.806 whereas that against EBITDA is 2.56.
Stock Price History:
The Beta on a monthly basis for WB is 0.11, which has changed by -0.010416687 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, WB has reached a high of $12.40, while it has fallen to a 52-week low of $7.03. The 50-Day Moving Average of the stock is -24.71%, while the 200-Day Moving Average is calculated to be -16.70%.
Shares Statistics:
For the past three months, WB has traded an average of 1.78M shares per day and 2784580 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 43.66% stake in the company. Shares short for WB as of 1743379200 were 17864589 with a Short Ratio of 10.02, compared to 1740700800 on 17582142. Therefore, it implies a Short% of Shares Outstanding of 17864589 and a Short% of Float of 21.209998.
Dividends & Splits
According to the company, the forward annual dividend rate for WB is 0.82, from 0.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11171662
