On Friday, Weibo Corp ADR (NASDAQ: WB) was -1.78% down from the session before settling in for the closing price of $9.01. A 52-week range for WB has been $7.12 – $14.55.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 1.84%. When this article was written, the company’s average yearly earnings per share was at -4.10%. With a float of $155.43 million, this company’s outstanding shares have now reached $155.49 million.
Considering the fact that the conglomerate employs 5268 people, you should pay attention to its efficiency factor.
Weibo Corp ADR (WB) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Weibo Corp ADR stocks. The insider ownership of Weibo Corp ADR is 0.04%, while institutional ownership is 45.72%.
Weibo Corp ADR (WB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -4.10% 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
You can see what Weibo Corp ADR (WB) is doing with its current performance indicators. In the most recent quarter, the stock posted 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 0.43 in the next quarter and is forecasted to reach 1.90 in one year’s time.
Technical Analysis of Weibo Corp ADR (WB)
Compared to the last year’s volume of 2.2 million, its volume of 1.86 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.01%. Additionally, its Average True Range was 0.41.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 46.86%, which indicates a significant increase from 16.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.92% in the past 14 days, which was lower than the 52.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.94, while its 200-day Moving Average is $10.33. Nevertheless, the first resistance level for the watch stands at $8.97 in the near term. At $9.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.20. If the price goes on to break the first support level at $8.74, it is likely to go to the next support level at $8.62. Should the price break the second support level, the third support level stands at $8.51.
Weibo Corp ADR (NASDAQ: WB) Key Stats
There are 234,186K outstanding shares of the company, which has a market capitalization of 1.38 billion. As of now, sales total 1,760 M while income totals 342,600 K. Its latest quarter income was 395,500 K while its last quarter net income were 49,440 K.
