Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Get Free Report) shares passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $14.62 and traded as low as $14.20. Bilibili shares last traded at $14.31, with a volume of 2,756,170 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. BNP Paribas Exane started coverage on Bilibili in a research note on Tuesday, September 22nd. They set an "outperform" rating and a $23.00 price target for the company. Weiss Ratings raised shares of Bilibili from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, November 2nd. Piper Sandler set a $29.00 price objective on Bilibili in a research note on Friday, August 28th. Morgan Stanley reaffirmed an "overweight" rating and issued a $27.00 price objective on shares of Bilibili in a research note on Thursday, August 27th. Finally, Benchmark reaffirmed a "buy" rating on shares of Bilibili in a research report on Friday, August 28th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Bilibili currently has an average rating of "Moderate Buy" and a consensus price target of $29.39.
View Our Latest Report on BILI
Bilibili Price Performance
The stock has a 50 day moving average of $14.62 and a 200-day moving average of $20.29. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $5.93 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 1.26 and a beta of 0.64.
Bilibili (NASDAQ:BILI - Get Free Report) last posted its quarterly earnings results on Saturday, August 15th. The company reported $0.23 EPS for the quarter. Bilibili had a net margin of 4.88% and a return on equity of 11.42%. The firm had revenue of $1.17 billion for the quarter. On average, equities research analysts anticipate that Bilibili Inc. Sponsored ADR will post 0.60 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Bilibili
Several hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC lifted its position in shares of Bilibili by 121.1% during the first quarter. Renaissance Technologies LLC now owns 507,335 shares of the company's stock valued at $11,445,000 after buying an additional 277,900 shares during the last quarter. XY Capital Ltd lifted its holdings in shares of Bilibili by 148.1% during the second quarter. XY Capital Ltd now owns 253,880 shares of the company's stock worth $4,324,000 after purchasing an additional 151,563 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Bilibili by 230.5% during the first quarter. Hsbc Holdings PLC now owns 199,039 shares of the company's stock worth $4,458,000 after purchasing an additional 138,810 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Bilibili by 7.2% during the first quarter. Dimensional Fund Advisors LP now owns 170,834 shares of the company's stock worth $3,854,000 after purchasing an additional 11,413 shares during the period. Finally, Quadrant Capital Group LLC increased its holdings in Bilibili by 222.5% in the 3rd quarter. Quadrant Capital Group LLC now owns 113,456 shares of the company's stock worth $1,700,000 after buying an additional 78,276 shares during the period. Hedge funds and other institutional investors own 16.08% of the company's stock.
About Bilibili
(
Get Free Report)
Bilibili Inc operates an online entertainment platform in China, where users watch, share and create video content. The platform is known for its danmu feature, which displays viewers' comments across videos in real time, and for communities centered on animation, comics and games, alongside a wider range of interests.
Founded in 2009 by Xu Yi, Bilibili began as a site focused on animation and related content before expanding into a broader video and entertainment service. Its offerings include professionally produced and user-generated videos, live streaming, online games and paid membership services.
Bilibili primarily serves users in China and generates revenue through services such as advertising, games and value-added offerings, including live-streaming features and memberships.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
