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After finishing at $9.45 in the prior trading day, Weibo Corp ADR (NASDAQ: WB) closed at $9.44, down -0.11%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1.05 million shares were traded. WB stock price reached its highest trading level at $9.61 during the session, while it also had its lowest trading level at $9.33.
Ratios:
Our goal is to gain a better understanding of WB by taking a closer 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 2360217088 and an Enterprise Value of 1855223552. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.29, and their Forward P/E ratio for the next fiscal year is 5.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 3.356.
Stock Price History:
The Beta on a monthly basis for WB is -0.00, which has changed by 0.045404196 over the last 52 weeks, in comparison to a change of 0.101756096 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 -8.70%, while the 200-Day Moving Average is calculated to be 3.44%.
Shares Statistics:
The stock has traded on average 1.54M shares per day over the past 3-months and 1865010 shares per day over the last 10 days, according to various share statistics. 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 11.97, 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
In the trailing 12 months, WB’s forward annual dividend rate was 0.0, compared to 0.00 this year. Against a Trailing Annual Dividend Yield of 0.0
