Webtoon Entertainment Inc (WBTN) concluded trading on Wednesday at a closing price of $13.25, with 0.49 million shares of worth about $6.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.78% during that period and on January 08, 2025 the price saw a loss of about -1.56%. Currently the company’s common shares owned by public are about 128.31M shares, out of which, 14.95M shares are available for trading.
Stock saw a price change of -2.43% in past 5 days and over the past one month there was a price change of 2.16%. Over the period of past 52 weeks, stock dropped to lowest price of $10.05 but also hit the highest price of $25.66 during that period. The average intraday trading volume for Webtoon Entertainment Inc shares is 338.50K. The stock is currently trading -0.32% below its 20-day simple moving average (SMA20), while that difference is up 8.04% for SMA50 and it goes to -5.19% lower than SMA200.
Webtoon Entertainment Inc (NASDAQ: WBTN) currently have 128.31M outstanding shares and institutions hold larger chunk of about 16.87% of that.
The stock has a current market capitalization of $1.70B. It has posted earnings per share of -$1.15 in the same period. It has Quick Ratio of 2.49 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WBTN, volatility over the week remained 5.27% while standing at 5.76% over the month.
Analysts are in expectations that Webtoon Entertainment Inc (WBTN) stock would likely to be making an EPS of -0.13 in the current quarter, while forecast for next quarter EPS is 0.14 and it is 0.35 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.2 which is -0.08 at the higher side of the target for the same.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on September 04, 2024 offering a Buy rating for the stock and assigned a target price of $23 to it. Coverage by Morgan Stanley stated Webtoon Entertainment Inc (WBTN) stock as an Equal-weight in their note to investors on July 22, 2024, suggesting a price target of $23 for the stock. On July 22, 2024, JP Morgan Initiated their recommendations, while on July 22, 2024, Goldman Initiated their ratings for the stock with a price target of $62. Stock get an Outperform rating from Evercore ISI on July 22, 2024.
