Webull Corp (NASDAQ: BULL) Plunges -6.49% And Its 76.87% Stock Volatility Is Bewildering

Webull Corp (NASDAQ:BULL) does about 1.20M shares in volume on a normal day but saw 3697061 shares change hands in the recent trading day. The company now has a market cap of 9.32B USD. Its current market price is $24.62, marking a decrease of -6.49% compared to the previous close of $26.33. The 52 week high reached by this stock is $79.56 whilst the lowest price level in 52 weeks is $9.54.

Webull Corp (BULL) has the current price is -69.05% off the 52-week high compared with 158.07% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 76.87%, which decreases to 26.22% 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 53.79 to suggest the stock is neutral.

The current price level is 33.41%, 71.12%, and 102.72% away from its SMA20, SMA50, and SMA200 respectively, with the BULL price moving below the 50-day SMA on current market day. Webull Corp (BULL) stock is up 85.81% over the week and 109.89% over the past month. Its price is 111.79% year-to-date and 122.60% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 9.73M with insiders holding 2.76% of the shares and institutional holders owning 2.97% of the company’s common stock. The company has a return on investment of 3.33% and return on equity of 3.32%. The price to earnings ratio (P/E ratio) amounts to 118.02. The beta has a value of -1.37. Price to book ratio is 3.87.