Waterdrop Inc ADR (NYSE:WDH) does about 204.93K shares in volume on a normal day but saw 484150 shares change hands in the recent trading day. The company now has a market cap of 388.56M USD. Its current market price is $1.34, marking an increase of 5.93% compared to the previous close of $1.26. The 52 week high reached by this stock is $1.51 whilst the lowest price level in 52 weeks is $0.94.
Waterdrop Inc ADR (WDH) has a 20-day trading average at $1.2175 and the current price is -11.01% off the 52-week high compared with 42.16% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1857 and its 200-day simple moving average is $1.1657. If we look at the stock’s price movements over the week, volatility stands at 10.05%, which decreases to 4.87% 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 66.00 to suggest the stock is neutral.
The consensus objective for the share price is $1.57, suggesting that the stock has a potential upside of 14.65% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 16, 2022 when Morgan Stanley upgraded the stock to “Overweight” and issued a price target of between $2 and $2.10. Morgan Stanley downgraded the stock to “Equal-Weight” from Overweight on March 25, 2022 at a price target of $5-$2.
The current price level is 10.06%, 13.01%, and 16.00% away from its SMA20, SMA50, and SMA200 respectively, with the WDH price moving below the 50-day SMA on current market day. Waterdrop Inc ADR (WDH) stock is up 11.20% over the week and 17.03% over the past month. Its price is 13.56% year-to-date and 40.74% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.2 and 0.91 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $684.05M.
To reach the target analysts have set, the stock logically needs to grow 14.65 percent from here.
Outstanding shares total 289.97M with insiders holding 0.87% of the shares and institutional holders owning 5.04% of the company’s common stock. The company has a return on investment of 6.73% and return on equity of 6.95%. The price to earnings ratio (P/E ratio) amounts to 11.23 while the forward price to earnings ratio is 9.45. The beta has a value of -0.25. Price to book ratio is 0.75 and price to sales ratio is 1.02.
