WW International (NASDAQ:WW) Coverage Initiated by Analysts at CJS Securities

Key Points

• CJS Securities has initiated coverage of WW International with a market perform rating, joining other analysts who have recently provided similar ratings on the stock.
• The company currently has a consensus rating of "Reduce" and an average price target of $0.75, with a recent stock price reflecting significant volatility.
• WW International specializes in weight management products and services, including digital subscriptions to wellness programs, catering to global consumer needs in this sector.

CJS Securities assumed coverage on shares of WW International (NASDAQ:WW - Free Report) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. The brokerage issued a market perform rating on the stock.

Several other research analysts have also commented on the company. Morgan Stanley reaffirmed an "equal weight" rating on shares of WW International in a research report on Friday, August 1st. Wall Street Zen raised shares of WW International to a "hold" rating in a report on Saturday, August 30th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $0.75.

WW International Price Performance

Shares of NASDAQ:WW traded down $0.24 during trading on Monday, hitting $29.95. 63,058 shares of the company were exchanged, compared to its average volume of 303,963. The firm's 50 day moving average price is $34.86 and its 200-day moving average price is $13.34. The stock has a market capitalization of $299.06 million, a P/E ratio of -5.17 and a beta of 1.30. WW International has a 12-month low of $23.01 and a 12-month high of $46.95.

About WW International

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.