StockNews.com began coverage on shares of Weibo (NASDAQ:WB – Get Rating) in a report released on Thursday. The firm issued a buy rating on the information services provider’s stock.
Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. initiated coverage on Weibo in a research note on Monday, January 30th. They issued a neutral rating for the company. The Goldman Sachs Group upgraded Weibo from a neutral rating to a buy rating and set a $25.00 price target for the company in a research note on Sunday, January 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Hold and a consensus target price of $30.86.
Weibo Trading Down 0.1 %
Shares of WB stock opened at $16.47 on Thursday. Weibo has a 52-week low of $10.02 and a 52-week high of $28.40. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.33 and a current ratio of 3.73. The firm has a market capitalization of $3.90 billion, a PE ratio of 45.75, a PEG ratio of 0.74 and a beta of 0.52. The stock has a fifty day simple moving average of $20.89 and a two-hundred day simple moving average of $17.79.
Institutional Inflows and Outflows
Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates through the Advertising and Marketing Services, and Other Services segments. Its products and services include Self-Expression, such as Feed, Individual page, and Enterprise page; Social Products, such as Follow, Repost, Comment, Favorite, like, Mention, Messenger, and Group Chat; Discovery Products, such as Information Feed, Search, Object Page, Trends, and Discovery Channel; Notifications; Weibo Games; VIP Membership; and Weibo Apps.
- Get a free copy of the StockNews.com research report on Weibo (WB)
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