Weibo Corp ADR (NASDAQ:WB) currently has a daily average trading volume of 1.67M but it saw 4672932 shares traded in last market. With a market cap of 1.47B USD, the company’s current market price of $9.41 came rising about 7.18 while comparing to the previous closing price of $8.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.40 and as low as $7.03.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on May 17, 2024, recommending a price target of between $11 and $10 for it. UBS issued its recommendations for the stock as it upgraded the price target for the stock is $11.50.
Over the week, WB’s stock price is moving 11.36% up while it is 16.89% when we observe its performance for the past one month. Year-to-date it is -1.47% down and over the past year, the stock is showing an upside performance of 0.53%.
Currently, Weibo Corp ADR’s total number of outstanding shares is 156.45M with 6.08% of that held by the insiders while 34.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.77% and return on equity (ROE) at 10.79%. It has a price to earnings ratio (P/E ratio) of 6.96 while having a 5.21 of forward P/E ratio. Stock’s beta reads 0.09. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 0.84. Its return on asset (ROA) is 5.14% on average.
