The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Weibo Corp ADR (NASDAQ: WB) closed the day trading at $7.67 down -2.29% from the previous closing price of $7.85. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 4.32 million shares were traded. WB stock price reached its highest trading level at $7.675 during the session, while it also had its lowest trading level at $7.1.
Ratios:
For a better understanding of WB, let’s look at its different 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 1863173376 and an Enterprise Value of 1652948992. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.74, and their Forward P/E ratio for the next fiscal year is 4.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 0.942 whereas that against EBITDA is 2.99.
Stock Price History:
The Beta on a monthly basis for WB is 0.14, which has changed by -0.064634144 over the last 52 weeks, in comparison to a change of 0.049593568 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 -24.81%, while the 200-Day Moving Average is calculated to be -15.99%.
Shares Statistics:
Over the past 3-months, WB traded about 1.70M shares per day on average, while over the past 10 days, WB traded about 2533750 shares per day. 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 43.67% stake in the company. Shares short for WB as of 1741910400 were 18469482 with a Short Ratio of 10.83, compared to 1739491200 on 17437778. Therefore, it implies a Short% of Shares Outstanding of 18469482 and a Short% of Float of 21.92.
Dividends & Splits
WB’s forward annual dividend rate is 0.82, up from 0.0 a year ago. Against a Trailing Annual Dividend Yield of 0.0
