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Webull (NASDAQ:BULL) Stock Price Up 8.6% - Still a Buy?

Webull logo with Finance background

Webull Corporation (NASDAQ:BULL - Get Free Report) shot up 8.6% on Monday . The company traded as high as $11.84 and last traded at $11.76. 9,007,146 shares were traded during mid-day trading, a decline of 6% from the average session volume of 9,625,994 shares. The stock had previously closed at $10.83.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on Webull

Webull Price Performance

The stock has a 50 day simple moving average of $12.63. The company has a market cap of $6.60 billion, a PE ratio of 89.38 and a beta of -0.19.

Webull (NASDAQ:BULL - Get Free Report) last posted 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.

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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Should You Invest $1,000 in Webull Right Now?

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