Did Weibo Corporation (WB) Catch A Cold, Flu Or Worse?

Wall Street analysts will be watching closely when Weibo Corporation (NASDAQ:WB) reports its quarterly earnings next, which is scheduled for Tue 12 Feb (In 37 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.76 per share. In the preceding quarter, the company reportedly generated EPS of $0.75 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 35.40%, a profit margin of 33.20% and a gross margin of 83.50%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Weibo Corporation (NASDAQ:WB). Most recently, on December 12th, 2018, HSBC Securities Initiated a Hold rating. Before that, on November 29th, 2018, The Benchmark Company Reiterated to Buy. JP Morgan Resumed a Overweight rating on August 29th, 2018, OTR Global Initiated an Positive rating on August 6th, 2018, and The Benchmark Company Reiterated a Buy rating on February 14th, 2018.

At its current price point, combined with the fact that this company has 214.81M shares outstanding, the current market capitalization sits at 13.15B. In the last trading day, 2,286,119 shares of Weibo Corporation were traded, which compares to its usual volume of about 2.52M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.37 in the past five trading days, resulting in a percentage change of +4.06% and a moving average of 58.68. In the past 20 days, its price changed by -$3.86 (which is -5.93%) and the stock’s moving average was 59.95. Looking back a full 50 days, shares of WB changed by $0.36 (which is +0.59%) and demonstrated a moving average of 59.83.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 59.71%, a 14-day Stochastic %K score of 38.00% and a 20-day Stochastic %K score of 32.71%. Using a similar metric, Weibo Corporation (WB) shares showed a Stochastic %D of 54.29% over the past 9 days, a Stochastic %D score of 34.49% over the last 14 days, and a 20-day Stochastic %D of 26.62%. Meanwhile, this stock’s MACD Oscillator was 0.48 over the past 9 days, 0.01 over the past two weeks, and -1.24 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $61.23 level. Over the past 12 months, this stock has experienced a high price of $142.12 and a low of $53.11. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Alibaba Group Holding Ltd Held shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Weibo Corporation (NASDAQ:WB) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 9,000,000 shares of the company’s stock . This share count represents that Alibaba Group Holding Ltd now held 7.42% stake in Weibo Corporation (WB)’s shares.

Just in the most recent trading day, Weibo Corporation (NASDAQ:WB) experienced a high price of $61.6 and low point of $57.05. At the end of the last trading session, this stock was at 61.23 per share, following a gain of $1.42, or 9.40% during the full day.