On Tuesday, Weibo Corp ADR (NASDAQ: WB) was 2.55% up from the session before settling in for the closing price of $9.01. A 52-week range for WB has been $7.03 – $12.40.
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A company in the Communication Services sector has jumped its sales by 1.84% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -8.43%. With a float of $155.43 million, this company’s outstanding shares have now reached $155.49 million.
In an organization with 5268 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 78.68%, operating margin of 28.07%, and the pretax margin is 28.16%.
Weibo Corp ADR (WB) Insider and Institutional Ownership
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 42.72%.
Weibo Corp ADR (WB) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.57 earnings per share (EPS) during the time that was better than consensus figure (set at 0.55) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.29% 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 2.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.27, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.79 in one year’s time.
Technical Analysis of Weibo Corp ADR (WB)
Let’s dig in a bit further. During the last 5-days, its volume was 1.33 million. That was inferior than the volume of 2.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.37%. Additionally, its Average True Range was 0.54.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 41.15%, which indicates a significant increase from 12.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.58% in the past 14 days, which was higher than the 53.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.54, while its 200-day Moving Average is $8.63. However, in the short run, Weibo Corp ADR’s stock first resistance to watch stands at $9.38. Second resistance stands at $9.52. The third major resistance level sits at $9.69. If the price goes on to break the first support level at $9.07, it is likely to go to the next support level at $8.90. The third support level lies at $8.76 if the price breaches the second support level.
Weibo Corp ADR (NASDAQ: WB) Key Stats
There are 234,186K outstanding shares of the company, which has a market capitalization of 1.44 billion. As of now, sales total 1,760 M while income totals 342,600 K. Its latest quarter income was 437,870 K while its last quarter net income were 111,930 K.
