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Webull (NASDAQ:BULL) Trading Up 8.2% - Here's Why

Webull logo with Finance background

Webull Corporation (NASDAQ:BULL - Get Free Report) rose 8.2% on Tuesday . The stock traded as high as $11.36 and last traded at $11.27. Approximately 3,425,228 shares were traded during trading, a decline of 65% from the average daily volume of 9,664,876 shares. The stock had previously closed at $10.42.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on Webull

Webull Price Performance

The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 70.50 and a beta of -0.20. The stock's 50 day simple moving average is $12.73.

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

About Webull

(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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