Webull Corporation (NASDAQ:BULL - Get Free Report)'s stock price traded up 7.9% during trading on Monday . The company traded as high as $16.41 and last traded at $16.19. 5,583,328 shares traded hands during trading, a decline of 55% from the average session volume of 12,504,269 shares. The stock had previously closed at $15.00.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered shares of Webull from a "hold" rating to a "sell" rating in a report on Saturday, June 14th.
Read Our Latest Report on BULL
Webull Trading Up 1.9%
The company's 50-day simple moving average is $12.88. The company has a market cap of $7.05 billion, a PE ratio of 95.51 and a beta of -0.17.
Webull (NASDAQ:BULL - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $117.37 million for the quarter.
Institutional Investors Weigh In On Webull
A number of hedge funds have recently bought and sold shares of BULL. Sequoia Financial Advisors LLC bought a new stake in shares of Webull in the 2nd quarter valued at about $120,000. Caitong International Asset Management Co. Ltd purchased a new stake in Webull in the 2nd quarter worth $439,000. Marathon Trading Investment Management LLC purchased a new stake in shares of Webull during the second quarter worth $598,000. Finally, Geode Capital Management LLC acquired a new position in shares of Webull during the 2nd quarter valued at about $3,810,000. Hedge funds and other institutional investors own 92.48% of the company's stock.
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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