Weibo Corp ADR (NASDAQ: WB) has a higher price-to-earnings ratio of 6.86x compared to its average ratio, The 36-month beta value for WB is at 0.21. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 5 rating it as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for WB is 155.43M, and currently, shorts hold a 11.39% of that float. The average trading volume for WB on August 13, 2024 was 1.73M shares.
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WB) stock’s latest price update
The stock price of Weibo Corp ADR (NASDAQ: WB) has jumped by 4.46 compared to previous close of 7.84. Despite this, the company has seen a gain of 9.64% in its stock price over the last five trading days. investorplace.com reported 2024-07-24 that The creation of social media has completely changed the way people live. People can text, call, and even Facetime friends and families from the other side of the world within a second.
WB’s Market Performance
Weibo Corp ADR (WB) has experienced a 9.64% rise in stock performance for the past week, with a -3.65% drop in the past month, and a -15.09% drop in the past quarter. The volatility ratio for the week is 4.74%, and the volatility levels for the past 30 days are at 3.43% for WB. The simple moving average for the last 20 days is 5.45% for WB’s stock, with a simple moving average of -6.14% for the last 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 1.55% 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 -38.72% of loss for the given period.
Volatility was left at 3.43%, however, over the last 30 days, the volatility rate increased by 4.74%, as shares surge +1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.10% lower at present.
During the last 5 trading sessions, WB rose by +9.64%, which changed the moving average for the period of 200-days by -32.81% in comparison to the 20-day moving average, which settled at $7.77. In addition, Weibo Corp ADR saw -17.65% 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 1.43. 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 conclusion, Weibo Corp ADR (WB) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
