Investors must take note of Weibo Corp ADR’s (WB) performance last week, which was -5.02%.

Weibo Corp ADR (NASDAQ: WB) kicked off on Tuesday, up 1.37% from the previous trading day, before settling in for the closing price of $8.77. Over the past 52 weeks, WB has traded in a range of $7.12-$14.55.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 1.84%. While this was happening, its average annual earnings per share was recorded -3.67%. With a float of $155.43 million, this company’s outstanding shares have now reached $155.49 million.

The extent of productivity of a business whose workforce counts for 5268 workers is very important to gauge.

Weibo Corp ADR (WB) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Weibo Corp ADR is 0.04%, while institutional ownership is 45.72%.

Weibo Corp ADR (WB) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -3.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.08% during the next five years compared to -10.97% drop over the previous five years of trading.

Weibo Corp ADR (NASDAQ: WB) Trading Performance Indicators

Take a look at Weibo Corp ADR’s (WB) current performance indicators. Last quarter, stock had a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.92 in one year’s time.

Technical Analysis of Weibo Corp ADR (WB)

The latest stats from [Weibo Corp ADR, WB] show that its last 5-days average volume of 1.83 million was inferior to 2.2 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.71%. Additionally, its Average True Range was 0.43.

During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 44.41%, which indicates a significant increase from 11.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.44% in the past 14 days, which was lower than the 52.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.97, while its 200-day Moving Average is $10.40. Now, the first resistance to watch is $9.07. This is followed by the second major resistance level at $9.26. The third major resistance level sits at $9.38. If the price goes on to break the first support level at $8.76, it is likely to go to the next support level at $8.64. The third support level lies at $8.45 if the price breaches the second support level.

Weibo Corp ADR (NASDAQ: WB) Key Stats

The company with the Market Capitalisation of 1.38 billion has total of 234,186K Shares Outstanding. Its annual sales at the moment are 1,760 M in contrast with the sum of 342,600 K annual income. Company’s last quarter sales were recorded 463,670 K and last quarter income was 83,230 K.