Weibo Corp ADR (NASDAQ: WB) on Tuesday, soared 5.71% from the previous trading day, before settling in for the closing price of $9.28. Within the past 52 weeks, WB’s price has moved between $7.03 and $12.40.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -11.92%. The company achieved an average annual earnings per share of -3.34%. With a float of $156.38 million, this company’s outstanding shares have now reached $156.45 million.
Let’s determine the extent of company efficiency that accounts for 4982 employees. In terms of profitability, gross margin is 78.94%, operating margin of 28.17%, and the pretax margin is 23.97%.
Weibo Corp ADR (WB) Breakdown of a Key Holders of the stock
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 39.20%.
Weibo Corp ADR (WB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -3.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.52% during the next five years compared to -11.92% 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 2.72 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 1.35, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.81 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 1.07 million, which is a drop from its year-to-date volume of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 25.79%.
During the past 100 days, Weibo Corp ADR’s (WB) raw stochastic average was set at 58.03%, which indicates a significant decrease from 73.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.62% in the past 14 days, which was lower than the 43.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.77, while its 200-day Moving Average is $9.35. However, in the short run, Weibo Corp ADR’s stock first resistance to watch stands at $9.95. Second resistance stands at $10.10. The third major resistance level sits at $10.36. If the price goes on to break the first support level at $9.55, it is likely to go to the next support level at $9.29. Now, if the price goes above the second support level, the third support stands at $9.15.
Weibo Corp ADR (NASDAQ: WB) Key Stats
Market capitalization of the company is 1.53 billion based on 242,611K outstanding shares. Right now, sales total 1,755 M and income totals 300,800 K. The company made 396,860 K in profit during its latest quarter, and 106,960 K in sales during its previous quarter.
