Shares of Bilibili Inc. (NASDAQ:BILI - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $11.03, but opened at $11.28. Bilibili shares last traded at $11.33, with a volume of 783,606 shares.
Analyst Ratings Changes
BILI has been the subject of several recent research reports. UBS Group downgraded Bilibili from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $22.00 to $13.20 in a research note on Monday, December 4th. Daiwa Capital Markets downgraded Bilibili from a "buy" rating to a "neutral" rating in a research note on Friday, January 19th. The Goldman Sachs Group lowered their price objective on Bilibili from $17.40 to $15.60 and set a "neutral" rating for the company in a research note on Thursday, November 30th. Nomura downgraded Bilibili from a "buy" rating to a "neutral" rating in a research note on Wednesday, November 29th. Finally, Barclays downgraded Bilibili from an "equal weight" rating to an "underweight" rating and lowered their price objective for the company from $15.00 to $10.00 in a research note on Thursday, November 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $15.26.
Read Our Latest Report on Bilibili
Bilibili Trading Up 1.5 %
The firm has a market cap of $4.62 billion, a price-to-earnings ratio of -6.85 and a beta of 0.98. The business's 50-day simple moving average is $10.36 and its two-hundred day simple moving average is $11.98.
Institutional Trading of Bilibili
Several large investors have recently modified their holdings of the stock. Vident Advisory LLC acquired a new stake in shares of Bilibili during the 4th quarter worth approximately $139,000. Profund Advisors LLC lifted its holdings in shares of Bilibili by 32.2% in the 4th quarter. Profund Advisors LLC now owns 51,647 shares of the company's stock worth $629,000 after purchasing an additional 12,576 shares in the last quarter. Bayesian Capital Management LP lifted its holdings in shares of Bilibili by 182.0% in the 4th quarter. Bayesian Capital Management LP now owns 62,500 shares of the company's stock worth $761,000 after purchasing an additional 40,339 shares in the last quarter. Creative Planning bought a new position in shares of Bilibili in the 4th quarter worth $139,000. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Bilibili by 5,117.9% in the 4th quarter. Cubist Systematic Strategies LLC now owns 237,496 shares of the company's stock worth $2,890,000 after purchasing an additional 242,229 shares in the last quarter. Institutional investors and hedge funds own 16.08% of the company's stock.
Bilibili Company Profile
(
Get Free Report)
Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, live broadcasting, and story mode.
See Also
Before you consider Bilibili, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bilibili wasn't on the list.
While Bilibili currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
