Weibo Corp ADR (WB) concluded trading on Thursday at a closing price of $10.42, with 3.28 million shares of worth about $34.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 45.94% during that period and on March 13, 2025 the price saw a loss of about -3.16%. Currently the company’s common shares owned by public are about 155.49M shares, out of which, 155.43M shares are available for trading.
Stock saw a price change of -3.70% in past 5 days and over the past one month there was a price change of 0.48%. Year-to-date (YTD), WB shares are showing a performance of 9.11% which increased to 24.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.03 but also hit the highest price of $12.40 during that period. The average intraday trading volume for Weibo Corp ADR shares is 1.36 million. The stock is currently trading -2.43% below its 20-day simple moving average (SMA20), while that difference is up 2.89% for SMA50 and it goes to 15.54% higher than SMA200.
Weibo Corp ADR (NASDAQ: WB) currently have 155.49M outstanding shares and institutions hold larger chunk of about 43.68% of that.
The stock has a current market capitalization of $1.62B and its 3Y-monthly beta is at 0.05. PE ratio of stock for trailing 12 months is 7.23, while it has posted earnings per share of $1.44 in the same period. Its PEG reads 15.72 and has Quick Ratio of 3.57 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WB, volatility over the week remained 4.40% while standing at 4.91% over the month.
Stock’s fiscal year EPS is expected to drop by -1.30% while it is estimated to increase by 3.83% in next year. EPS is likely to grow at an annualized rate of 0.46% for next 5-years, compared to annual growth of -10.97% made by the stock over the past 5-years.
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 Morgan Stanley on May 17, 2024 offering an Underweight rating for the stock and assigned a target price range of between $11 and $10 to it. On March 19, 2024, UBS Upgrade their recommendations, while on January 11, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $10. Stock get a Hold rating from The Benchmark Company on August 25, 2023.
