Weibo Corp ADR (WB) Shares Soar Above 1-Year High

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Weibo Corp ADR (NASDAQ: WB) has experienced a rise in its stock price by 4.20 compared to its previous closing price of 7.74. However, the company has seen a fall of -0.06% in its stock price over the last five trading days. investorplace.com reported 2024-05-29 that Social media stocks to sell aren’t just a passing thought anymore. Over the past few years, we’ve seen how social media has played second-fiddle to other cutting-edge technologies in the investing world.

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 0.20.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.”

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The public float for WB is 155.43M, and currently, short sellers hold a 10.92% ratio of that floaft. The average trading volume of WB on July 03, 2024 was 2.05M shares.

WB’s Market Performance

The stock of Weibo Corp ADR (WB) has seen a -0.06% decrease in the past week, with a -8.81% drop in the past month, and a -5.88% fall in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are at 3.73% for WB.. The simple moving average for the past 20 days is -1.41% for WB’s stock, with a -12.00% simple moving average for the past 200 days.

Analysts’ Opinion of WB

Many brokerage firms have already submitted their reports for WB stocks, with Morgan Stanley repeating the rating for WB by listing it as a “Underweight.” The predicted price for WB in the upcoming period, according to Morgan Stanley is $10 based on the research report published on May 17, 2024 of the current year 2024.

UBS gave a rating of “Buy” to WB, setting the target price at $11.50 in the report published on March 19th of the current year.

WB Trading at -7.50% 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 -44.54% of loss for the given period.

Volatility was left at 3.73%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares sank -5.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.15% upper at present.

During the last 5 trading sessions, WB fell by -0.06%, which changed the moving average for the period of 200-days by -32.92% in comparison to the 20-day moving average, which settled at $8.16. In addition, Weibo Corp ADR saw -18.86% 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
  • 0.78 for the gross margin

The net margin for Weibo Corp ADR stands at 0.17. The total capital return value is set at 0.09. Equity return is now at value 8.81, with 4.08 for asset returns.

Based on Weibo Corp ADR (WB), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 25.59.

Currently, EBITDA for the company is 530.18 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 1.92for 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 2.24.

Conclusion

In a nutshell, Weibo Corp ADR (WB) has experienced a bad 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.

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