Weibo Corp ADR (NASDAQ: WB) has a higher price-to-earnings ratio of 6.57x compared to its average ratio. WB has 36-month beta value of 0.22. Analysts have mixed views 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 155.32M, and currently, short sellers hold a 11.40% ratio of that float. The average trading volume of WB on August 20, 2024 was 1.67M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
WB) stock’s latest price update
The stock of Weibo Corp ADR (NASDAQ: WB) has decreased by -6.05 when compared to last closing price of 8.35. Despite this, the company has experienced a -2.43% fall in its stock price over the last five trading sessions. zacks.com reported 2024-08-19 that Get a deeper insight into the potential performance of Weibo (WB) for the quarter ended June 2024 by going beyond Wall Street’s top -and-bottom-line estimates and examining the estimates for some of its key metrics.
WB’s Market Performance
Weibo Corp ADR (WB) has seen a -2.43% fall in stock performance for the week, with a -1.32% decline in the past month and a -16.19% plunge in the past quarter. The volatility ratio for the week is 3.13%, and the volatility levels for the past 30 days are at 3.27% for WB. The simple moving average for the past 20 days is 0.49% for WB’s stock, with a -9.22% 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 -1.98% 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 -39.30% of loss for the given period.
Volatility was left at 3.27%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares surge +0.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.77% lower at present.
During the last 5 trading sessions, WB fell by -3.30%, which changed the moving average for the period of 200-days by -32.74% in comparison to the 20-day moving average, which settled at $7.81. In addition, Weibo Corp ADR saw -21.12% 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 1.36. 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
To put it simply, Weibo Corp ADR (WB) has had a bad 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.
