The stock price of Waterdrop Inc ADR (NYSE: WDH) has plunged by -0.81 when compared to previous closing price of 1.23, but the company has seen a 0.88% gain in its stock price over the last five trading sessions. PRNewsWire reported 2024-03-13 that BEIJING, March 13, 2024 /PRNewswire/ — Waterdrop Inc. (NYSE: WDH) (“Waterdrop” or the “Company”), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Tuesday, March 26, 2024. Waterdrop’s management team will hold a conference call on March 26, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results.
Is It Worth Investing in Waterdrop Inc ADR (NYSE: WDH) Right Now?
Waterdrop Inc ADR (NYSE: WDH) has a higher price-to-earnings ratio of 20.03x compared to its average ratio. WDH has 36-month beta value of -0.34. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for WDH is 308.51M, and currently, short sellers hold a 0.05% ratio of that float. The average trading volume of WDH on April 19, 2024 was 312.09K shares.
WDH’s Market Performance
WDH’s stock has seen a 0.88% increase for the week, with a -0.71% drop in the past month and a 26.10% gain in the past quarter. The volatility ratio for the week is 4.27%, and the volatility levels for the past 30 days are at 4.60% for Waterdrop Inc ADR The simple moving average for the last 20 days is -0.75% for WDH stock, with a simple moving average of -2.16% for the last 200 days.
Analysts’ Opinion of WDH
Many brokerage firms have already submitted their reports for WDH stocks, with Morgan Stanley repeating the rating for WDH by listing it as a “Overweight.” The predicted price for WDH in the upcoming period, according to Morgan Stanley is $2.10 based on the research report published on September 16, 2022 of the previous year 2022.
Morgan Stanley, on the other hand, stated in their research note that they expect to see WDH reach a price target of $2, previously predicting the price at $5. The rating they have provided for WDH stocks is “Equal-Weight” according to the report published on March 25th, 2022.
WDH Trading at 4.19% from the 50-Day Moving Average
After a stumble in the market that brought WDH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.83% of loss for the given period.
Volatility was left at 4.60%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares sank -3.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.14% upper at present.
During the last 5 trading sessions, WDH fell by -1.60%, which changed the moving average for the period of 200-days by -37.88% in comparison to the 20-day moving average, which settled at $1.2665. In addition, Waterdrop Inc ADR saw 21.25% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WDH
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.56 for the gross margin
The net margin for Waterdrop Inc ADR stands at 0.09. The total capital return value is set at -0.01. Equity return is now at value 3.54, with 2.75 for asset returns.
Based on Waterdrop Inc ADR (WDH), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 20.52. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 5.1.
Currently, EBITDA for the company is 473.92 million with net debt to EBITDA at -9.91. When we switch over and look at the enterprise to sales, we see a ratio of 1.16. The receivables turnover for the company is 1.91for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.96.
Conclusion
To put it simply, Waterdrop Inc ADR (WDH) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
