A new trading day began on Tuesday, with Weibo Corp ADR (NASDAQ: WB) stock price up 1.43% from the previous day of trading, before settling in for the closing price of $9.76. WB’s price has ranged from $7.03 to $12.40 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 1.84%. Meanwhile, its annual earnings per share averaged -4.22%. With a float of $155.43 million, this company’s outstanding shares have now reached $155.49 million.
Let’s determine the extent of company efficiency that accounts for 5268 employees. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing 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) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.31 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -4.22% 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
Here are Weibo Corp ADR’s current performance indicators. According to the last quarter’s results, the 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 0.87.
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 1.83 in one year’s time.
Technical Analysis of Weibo Corp ADR (WB)
Looking closely at Weibo Corp ADR (NASDAQ: WB), its last 5-days average volume was 1.13 million, which is a drop from its year-to-date volume of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 92.69%. Additionally, its Average True Range was 0.39.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 53.45%, which indicates a significant decrease from 92.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.56% in the past 14 days, which was lower than the 55.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.38, while its 200-day Moving Average is $8.66. However, in the short run, Weibo Corp ADR’s stock first resistance to watch stands at $10.02. Second resistance stands at $10.15. The third major resistance level sits at $10.26. If the price goes on to break the first support level at $9.79, it is likely to go to the next support level at $9.68. Now, if the price goes above the second support level, the third support stands at $9.56.
Weibo Corp ADR (NASDAQ: WB) Key Stats
With a market capitalization of 1.54 billion, the company has a total of 234,186K Shares Outstanding. Currently, annual sales are 1,760 M while annual income is 342,600 K. The company’s previous quarter sales were 464,480 K while its latest quarter income was 130,570 K.
