Weibo Corp ADR (NASDAQ:WB) currently has a daily average trading volume of 2.61M but it saw 1939657 shares traded in last market. With a market cap of 1.17B USD, the company’s current market price of $8.06 came rising about 3.73 while comparing to the previous closing price of $7.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.46 and as low as $7.12.
Taking a look at 20-day trading activity of Weibo Corp ADR (WB) gives us an average price of $8.71, while its current price level is -47.85% below from 52-week high level whereas it is 13.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.00 while that of 200 days or SMA-200 reads an average of $11.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.44% during that period while stretching the period over a month that decreases to 4.18%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.60 which implies that the stock is in neutral territory.
UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 19, 2024 while assigning a price target of $11.50. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $19.50 and $10.
Over the week, WB’s stock price is moving -1.71% down while it is -4.68% when we observe its performance for the past one month. Year-to-date it is -18.96% down and over the past year, the stock is showing a downside performance of -45.22%.
Currently, Weibo Corp ADR’s total number of outstanding shares is 145.37M. Company’s return on investment (ROI) stands at 6.52% and return on equity (ROE) at 10.18%. It has a price to earnings ratio (P/E ratio) of 5.63 while having a 4.03 of forward P/E ratio. Stock’s beta reads 0.43. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is 4.76% on average.
