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After finishing at $10.89 in the prior trading day, Webtoon Entertainment Inc. (NASDAQ: WBTN) closed at $10.55, down -3.12%. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 0.6 million shares were traded. WBTN stock price reached its highest trading level at $11.13 during the session, while it also had its lowest trading level at $10.5.
Ratios:
Our goal is to gain a better understanding of WBTN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, HSBC Securities on September 04, 2024, initiated with a Buy rating and assigned the stock a target price of $23.
On July 22, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $23.
On July 22, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $23.JP Morgan initiated its Neutral rating on July 22, 2024, with a $23 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Kim Namsun bought 7,195 shares for $13.90 per share. The transaction valued at 100,010 led to the insider holds 7,195 shares of the business.
Kim Junkoo bought 22,596 shares of WBTN for $268,440 on Aug 16 ’24. The insider now owns 905,070 shares after completing the transaction at $11.88 per share. On Aug 19 ’24, another insider, Kim Junkoo, who serves as the insider of the company, bought 18,935 shares for $12.74 each. As a result, the insider paid 241,263 and bolstered with 924,005 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WBTN now has a Market Capitalization of 1353280128 and an Enterprise Value of 868354816. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.668 whereas that against EBITDA is -21.184.
Stock Price History:
Over the past 52 weeks, WBTN has reached a high of $25.66, while it has fallen to a 52-week low of $10.22. The 50-Day Moving Average of the stock is -32.66%, while the 200-Day Moving Average is calculated to be -36.18%.
Shares Statistics:
The stock has traded on average 685.56K shares per day over the past 3-months and 677730 shares per day over the last 10 days, according to various share statistics. A total of 127.07M shares are outstanding, with a floating share count of 14.67M. Insiders hold about 88.56% of the company’s shares, while institutions hold 15.89% stake in the company. Shares short for WBTN as of 1724976000 were 1589472 with a Short Ratio of 2.07, compared to 1722384000 on 1349591.
