Webull (NASDAQ:BULL) Earns Sell (D) Rating from Weiss Ratings

Key Points

• Weiss Ratings has reissued a "sell (D)" rating for Webull (NASDAQ:BULL), indicating a negative outlook for the company's stock.
• Despite the negative rating from Weiss, other analysts have varied opinions, with some giving "outperform"** and **"buy"* ratings and a consensus price target of $18.50.
• Webull's stock rose by 3.9% to $11.51, with institutional investors holding approximately 92.48% of the company's shares.

Webull (NASDAQ:BULL - Get Free Report)'s stock had its "sell (d)" rating reissued by equities research analysts at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.

Several other equities research analysts have also recently weighed in on the stock. Northland Securities started coverage on shares of Webull in a research report on Thursday, September 4th. They set an "outperform" rating and a $18.00 price objective for the company. Zacks Research raised shares of Webull to a "hold" rating in a research report on Friday, September 5th. Rosenblatt Securities began coverage on Webull in a research note on Thursday, September 25th. They set a "buy" rating and a $19.00 target price for the company. Wall Street Zen raised Webull from a "sell" rating to a "hold" rating in a research note on Friday, August 22nd. Finally, Northland Capmk raised Webull to a "strong-buy" rating in a research note on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $18.50.

Webull Stock Up 3.9%

Shares of Webull stock traded up $0.43 during trading on Friday, reaching $11.51. The company's stock had a trading volume of 18,825,759 shares, compared to its average volume of 16,215,456. The firm's 50-day moving average price is $13.44. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of -10.28 and a beta of -0.15. Webull has a 52 week low of $9.54 and a 52 week high of $79.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.42 and a current ratio of 1.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Webull in the third quarter valued at approximately $170,000. Osaic Holdings Inc. acquired a new position in shares of Webull in the second quarter valued at approximately $30,000. Marex Group plc acquired a new position in shares of Webull in the second quarter valued at approximately $673,000. Tower Research Capital LLC TRC acquired a new position in shares of Webull in the second quarter valued at approximately $69,000. Finally, Shay Capital LLC acquired a new position in shares of Webull in the second quarter valued at approximately $120,000. Institutional investors and hedge funds own 92.48% of the company's stock.

Webull Company Profile

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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