Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Weibo Corp ADR (NASDAQ: WB) closed the day trading at $8.58 down -0.46% from the previous closing price of $8.62. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 0.85 million shares were traded. WB stock price reached its highest trading level at $8.785 during the session, while it also had its lowest trading level at $8.57.
Ratios:
For a better understanding of WB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.56.
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 2147230720 and an Enterprise Value of 1686388736. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.00, and their Forward P/E ratio for the next fiscal year is 4.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.958 whereas that against EBITDA is 3.173.
Stock Price History:
Over the past 52 weeks, WB has reached a high of $15.10, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is 3.54%, while the 200-Day Moving Average is calculated to be -13.48%.
Shares Statistics:
Over the past 3-months, WB traded about 2.53M shares per day on average, while over the past 10 days, WB traded about 1571450 shares per day. A total of 154.79M shares are outstanding, with a floating share count of 148.36M. Insiders hold about 0.04% of the company’s shares, while institutions hold 50.36% stake in the company. Shares short for WB as of 1713139200 were 10738420 with a Short Ratio of 4.24, compared to 1710460800 on 10903687.
