The stock price of Weibo Corp ADR (NASDAQ: WB) has surged by 4.09 when compared to previous closing price of 9.29, but the company has seen a 9.89% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-17 that Hidden treasures sometimes go overlooked in the busy world of financial markets. Here, attention is frequently drawn to the names with the most sparkle.
Is It Worth Investing in Weibo Corp ADR (NASDAQ: WB) Right Now?
The price-to-earnings ratio for Weibo Corp ADR (NASDAQ: WB) is above average at 6.76x, Company’s 36-month beta value is 0.23.Analysts have differing opinions on the stock, with 11 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for WB is 155.49M, and currently, short sellers hold a 6.91% ratio of that floaft. The average trading volume of WB on May 06, 2024 was 2.52M shares.
WB’s Market Performance
WB’s stock has seen a 9.89% increase for the week, with a 17.90% rise in the past month and a 26.14% gain in the past quarter. The volatility ratio for the week is 4.15%, and the volatility levels for the past 30 days are at 4.03% for Weibo Corp ADR The simple moving average for the last 20 days is 17.48% for WB stock, with a simple moving average of -2.15% for the last 200 days.
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 16.42% 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 -35.91% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 4.15%, as shares surge +10.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.88% upper at present.
During the last 5 trading sessions, WB rose by +9.89%, which changed the moving average for the period of 200-days by -29.88% in comparison to the 20-day moving average, which settled at $8.44. In addition, Weibo Corp ADR saw -2.77% 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 0.09. 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 0.06. 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 1.35. 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 2.51.
Conclusion
In a nutshell, Weibo Corp ADR (WB) has experienced a mixed performance in recent times. The stock has received mixed “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.
