Can Buying Bilibili Inc ADR (NASDAQ: BILI) Still Be Worthwhile?

Bilibili Inc ADR (NASDAQ:BILI) does about 7.42M shares in volume on a normal day but saw 8558340 shares change hands in Monday trading. The company now has a market cap of 4.73B USD. Its current market price is $14.77, marking a decrease of -0.40% compared to the previous close of $14.83. The 52 week high reached by this stock is $20.39 whilst the lowest price level in 52 weeks is $8.80.

Bilibili Inc ADR (BILI) has a 20-day trading average at $12.36 and the current price is -27.54% off the 52-week high compared with 67.84% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.60 and its 200-day simple moving average is $12.72. If we look at the stock’s price movements over the week, volatility stands at 5.04%, which decreases to 4.02% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.11 to suggest the stock is overbought.

The consensus objective for the share price is $14.52, suggesting that the stock has a potential downside of -1.72% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 11, 2024 when JP Morgan upgraded the stock to “Neutral” and issued a price target of between $10 and $11. Citigroup downgraded the stock to “Neutral” from Buy on March 11, 2024 at a price target of $18-$12.50.

Bilibili Inc ADR (BILI) stock is up 10.64% over the week and 35.88% over the past month. Its price is 21.36% year-to-date and -25.70% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -1.72 percent from here.

The company has a return on investment of -33.41% and return on equity of -32.12%. The forward price to earnings ratio is 51.61. The beta has a value of 0.87. Price to book ratio is 2.39 and price to sales ratio is 1.49.