Weibo Corp ADR (NASDAQ: WB) kicked off on Monday, up 3.25% from the previous trading day, before settling in for the closing price of $8.92. Over the past 52 weeks, WB has traded in a range of $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. While this was happening, its average annual earnings per share was recorded -5.79%. 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 79.04%, operating margin of 28.13%, and the pretax margin is 31.18%.
Weibo Corp ADR (WB) Insider Updates
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 41.28%.
Weibo Corp ADR (WB) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.31 earnings per share (EPS), lower than consensus estimate (set at 0.5) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.79% 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
Take a look at Weibo Corp ADR’s (WB) current performance indicators. Last quarter, stock had a quick ratio of 3.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.82 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 1.96 million. That was inferior than the volume of 2.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.18%. Additionally, its Average True Range was 0.42.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 40.60%, which indicates a significant decrease from 70.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.92% in the past 14 days, which was lower than the 55.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.19, while its 200-day Moving Average is $8.65. However, in the short run, Weibo Corp ADR’s stock first resistance to watch stands at $9.39. Second resistance stands at $9.58. The third major resistance level sits at $9.81. If the price goes on to break the first support level at $8.97, it is likely to go to the next support level at $8.74. Assuming the price breaks the second support level, the third support level stands at $8.55.
Weibo Corp ADR (NASDAQ: WB) Key Stats
The company with the Market Capitalisation of 1.43 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 437,870 K and last quarter income was 111,930 K.
