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Traders Purchase High Volume of Call Options on Webull (NASDAQ:BULL)

Webull logo with Finance background

Webull Corporation (NASDAQ:BULL - Get Free Report) was the recipient of some unusual options trading on Thursday. Investors purchased 179,844 call options on the stock. This represents an increase of approximately 105% compared to the typical daily volume of 87,532 call options.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Webull from a "hold" rating to a "sell" rating in a research report on Saturday, June 14th.

View Our Latest Report on BULL

Webull Price Performance

Shares of NASDAQ:BULL traded up $2.46 on Friday, reaching $16.89. 51,152,702 shares of the company traded hands, compared to its average volume of 12,051,390. Webull has a fifty-two week low of $9.54 and a fifty-two week high of $79.56. The firm has a 50 day simple moving average of $12.17. The stock has a market cap of $7.80 billion, a PE ratio of 105.57 and a beta of -0.19.

Webull (NASDAQ:BULL - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported ($0.06) EPS for the quarter. The firm had revenue of $117.37 million during the quarter.

Webull Company Profile

(Get Free Report)

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.

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