Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Weibo Corp ADR’s stock clocked out at $9.60, up 0.31% from its previous closing price of $9.57. In other words, the price has increased by $0.31 from its previous closing price. On the day, 0.74 million shares were traded. WB stock price reached its highest trading level at $9.78 during the session, while it also had its lowest trading level at $9.53.
Ratios:
To gain a deeper understanding of WB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.57 and its Current Ratio is at 3.57. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.52.
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 2388384000 and an Enterprise Value of 2090718080. As of this moment, Weibo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.66, and their Forward P/E ratio for the next fiscal year is 5.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.202 whereas that against EBITDA is 3.811.
Stock Price History:
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 1.85%, while the 200-Day Moving Average is calculated to be 12.65%.
Shares Statistics:
It appears that WB traded 2.11M shares on average per day over the past three months and 1409300 shares per day 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 41.28% stake in the company. Shares short for WB as of 1730332800 were 19176748 with a Short Ratio of 8.53, compared to 1727654400 on 19323129. Therefore, it implies a Short% of Shares Outstanding of 19176748 and a Short% of Float of 22.760001.
