Weibo Corp ADR (NASDAQ: WB) on Tuesday, soared 0.10% from the previous trading day, before settling in for the closing price of $9.90. Within the past 52 weeks, WB’s price has moved between $7.03 and $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. The company achieved an average annual earnings per share of -4.16%. 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 and Institutional Ownership
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Weibo Corp ADR is 0.04%, while institutional ownership is 41.27%.
Weibo Corp ADR (WB) Latest Financial update
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 -4.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.59% 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
Weibo Corp ADR (WB) is currently performing well based on its current performance indicators. A quick ratio of 3.57 was reported for the most recent quarter. 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 0.40 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 0.99 million. That was inferior than the volume of 1.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.14%. Additionally, its Average True Range was 0.40.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 53.63%, which indicates a significant increase from 26.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.38% in the past 14 days, which was lower than the 56.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.35, while its 200-day Moving Average is $8.74. However, in the short run, Weibo Corp ADR’s stock first resistance to watch stands at $10.01. Second resistance stands at $10.11. The third major resistance level sits at $10.17. If the price goes on to break the first support level at $9.85, it is likely to go to the next support level at $9.80. The third support level lies at $9.70 if the price breaches the second support level.
Weibo Corp ADR (NASDAQ: WB) Key Stats
Market capitalization of the company is 1.53 billion based on 234,186K outstanding shares. Right now, sales total 1,760 M and income totals 342,600 K. The company made 464,480 K in profit during its latest quarter, and 130,570 K in sales during its previous quarter.
