On Tuesday, Weibo Corp ADR (NASDAQ: WB) opened higher 6.35% from the last session, before settling in for the closing price of $8.51. Price fluctuations for WB have ranged from $7.03 to $12.40 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 1.84% over the past five years. Company’s average yearly earnings per share was noted -7.85% at the time writing. With a float of $155.43 million, this company’s outstanding shares have now reached $155.49 million.
Let’s look at the performance matrix of the company that is accounted for 5268 employees. 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 Updates
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Weibo Corp ADR is 0.04%, while institutional ownership is 41.28%.
Weibo Corp ADR (WB) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.31 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.5) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.85% 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
Check out the current performance indicators for Weibo Corp ADR (WB). In the past quarter, the stock posted a quick ratio of 3.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of Weibo Corp ADR (WB)
Weibo Corp ADR (NASDAQ: WB) saw its 5-day average volume 1.76 million, a negative change from its year-to-date volume of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 34.21%. Additionally, its Average True Range was 0.44.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 37.62%, which indicates a significant decrease from 60.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.89% in the past 14 days, which was lower than the 55.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.04, while its 200-day Moving Average is $8.65. Nevertheless, the first resistance level for the watch stands at $9.34 in the near term. At $9.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.94. 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 $8.43. Assuming the price breaks the second support level, the third support level stands at $8.14.
Weibo Corp ADR (NASDAQ: WB) Key Stats
There are currently 234,186K shares outstanding in the company with a market cap of 1.41 billion. Presently, the company’s annual sales total 1,760 M according to its annual income of 342,600 K. Last quarter, the company’s sales amounted to 437,870 K and its income totaled 111,930 K.
