What Recent Market Trends Mean for Weibo Corp ADR’s (WB) Stock

In the past week, WB stock has gone up by 3.50%, with a monthly gain of 13.72% and a quarterly plunge of -10.26%. The volatility ratio for the week is 4.46%, and the volatility levels for the last 30 days are 4.55% for Weibo Corp ADR The simple moving average for the last 20 days is 2.44% for WB stock, with a simple moving average of -16.90% for the last 200 days.

Is It Worth Investing in Weibo Corp ADR (NASDAQ: WB) Right Now?

The price-to-earnings ratio for Weibo Corp ADR (NASDAQ: WB) is 6.60x, which is above its average ratio. Moreover, the 36-month beta value for WB is 0.42. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 1 as “sell.”

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The public float for WB is 145.31M and currently, short sellers hold a 7.50% of that float. On April 04, 2024, WB’s average trading volume was 2.28M shares.

WB) stock’s latest price update

Weibo Corp ADR (NASDAQ: WB) has seen a rise in its stock price by 0.11 in relation to its previous close of 9.44. However, the company has experienced a 3.50% gain in its stock price over the last five trading sessions. MarketBeat reported 2024-04-03 that Weibo NASDAQ: WB stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China’s social media operators, and analysts see nothing but upside.

Analysts’ Opinion of WB

UBS, on the other hand, stated in their research note that they expect to see WB reach a price target of $11.50. The rating they have provided for WB stocks is “Buy” according to the report published on March 19th, 2024.

BofA Securities gave a rating of “Underperform” to WB, setting the target price at $10 in the report published on January 11th of the current year.

WB Trading at 4.97% from the 50-Day Moving Average

After a stumble in the market that brought WB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.90% of loss for the given period.

Volatility was left at 4.55%, however, over the last 30 days, the volatility rate increased by 4.46%, as shares surge +13.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.90% upper at present.

During the last 5 trading sessions, WB rose by +3.50%, which changed the moving average for the period of 200-days by -38.03% in comparison to the 20-day moving average, which settled at $9.28. In addition, Weibo Corp ADR saw -13.70% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for WB

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.79 for the gross margin

The net margin for Weibo Corp ADR stands at 0.19. The total capital return value is set at 0.07. Equity return is now at value 10.18, with 4.76 for asset returns.

Based on Weibo Corp ADR (WB), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is -18.29.

Currently, EBITDA for the company is 530.18 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 1.9for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.

Conclusion

To wrap up, the performance of Weibo Corp ADR (WB) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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