Weibo Corp ADR (WB) poses a Brand-New Opportunity for Investors with beta value of 0.42

Witnessing the stock’s movement on the chart, on Wednesday Weibo Corp ADR (NASDAQ: WB) set off with pace as it heaved 4.92% to $8.53, before settling in for the price of $8.13 at the close. Taking a more long-term approach, WB posted a 52-week range of $7.12-$15.46.

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The Communication Services sector firm’s twelve-monthly sales growth has been 1.84% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -10.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.59%. This publicly-traded company’s shares outstanding now amounts to $145.37 million, simultaneously with a float of $145.31 million. The organization now has a market capitalization sitting at $1.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.93, while the 200-day Moving Average is $10.97.

Weibo Corp ADR (WB) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Internet Content & Information industry. Weibo Corp ADR’s current insider ownership accounts for 0.04%, in contrast to 51.90% institutional ownership.

Weibo Corp ADR (WB) Earnings and Revenue Records

As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 0.47 earnings per share (EPS) for the period topping the consensus outlook (set at 0.43) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

Weibo Corp ADR’s EPS decrease for this current 12-month fiscal period is -1.59% and is forecasted to reach 2.00 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.08% through the next 5 years, which can be compared against the -10.96% growth it accomplished over the previous five years trading on the market.

Weibo Corp ADR (NASDAQ: WB) Trading Performance Indicators

Let’s observe the current performance indicators for Weibo Corp ADR (WB). It’s Quick Ratio in the last reported quarter now stands at 2.38. The Stock has managed to achieve an average true range (ATR) of 0.36. Alongside those numbers, its PE Ratio stands at $5.96, and its Beta score is 0.42. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.70.

In the same vein, WB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.43, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 2.00 at the market close of one year from today.

Technical Analysis of Weibo Corp ADR (WB)

Going through the that latest performance of [Weibo Corp ADR, WB]. Its last 5-days volume of 1.83 million was inferior to the volume of 2.29 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 65.54% While, its Average True Range was 0.38.

Raw Stochastic average of Weibo Corp ADR (WB) in the period of the previous 100 days is set at 27.54%, which indicates a major fall in contrast to 56.55% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.31% that was higher than 52.79% volatility it exhibited in the past 100-days period.