Shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Get Free Report) have earned an average rating of "Moderate Buy" from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $21.62.
A number of research firms have recently issued reports on BILI. Hsbc Global Res upgraded shares of Bilibili to a "strong-buy" rating in a research note on Wednesday, May 21st. Nomura Securities lowered Bilibili from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Wall Street Zen upgraded Bilibili from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Finally, HSBC upgraded Bilibili from a "hold" rating to a "buy" rating and upped their price objective for the stock from $21.50 to $22.50 in a research note on Wednesday, May 21st.
Check Out Our Latest Stock Analysis on BILI
Bilibili Stock Up 4.0%
Shares of BILI traded up $0.79 during midday trading on Friday, reaching $20.70. 2,233,472 shares of the stock were exchanged, compared to its average volume of 6,149,006. The company has a market capitalization of $8.65 billion, a P/E ratio of -103.49 and a beta of 0.89. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.23. Bilibili has a 52 week low of $12.72 and a 52 week high of $31.77. The company's 50 day moving average is $18.42 and its two-hundred day moving average is $18.76.
Institutional Trading of Bilibili
Large investors have recently bought and sold shares of the stock. SVB Wealth LLC purchased a new position in shares of Bilibili in the first quarter worth $31,000. FNY Investment Advisers LLC purchased a new position in Bilibili in the 1st quarter worth $57,000. Federated Hermes Inc. acquired a new stake in Bilibili during the 4th quarter worth about $55,000. Brooklyn Investment Group lifted its position in Bilibili by 10,989.7% during the 1st quarter. Brooklyn Investment Group now owns 3,216 shares of the company's stock worth $61,000 after acquiring an additional 3,187 shares during the period. Finally, Banque Transatlantique SA purchased a new stake in Bilibili during the 1st quarter valued at about $80,000. Hedge funds and other institutional investors own 16.08% of the company's stock.
Bilibili Company Profile
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Get Free ReportBilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.
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