WW International (NASDAQ:WW) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• WW International's share price has recently crossed above its 200-day moving average, with the stock trading at $30.37 after reaching a high of $32.16.
• Analysts maintain a consensus rating of "Reduce" for WW International, with one analyst indicating a Sell rating and an average target price of $0.75.
• The company has a market capitalization of $303.31 million and a price-to-earnings ratio of -5.25, indicating potential financial challenges.

WW International, Inc. (NASDAQ:WW - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.65 and traded as high as $32.16. WW International shares last traded at $30.37, with a volume of 186,686 shares.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WW. Morgan Stanley restated an "equal weight" rating on shares of WW International in a research report on Friday, August 1st. Wall Street Zen raised WW International to a "hold" rating in a report on Saturday. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, WW International has a consensus rating of "Reduce" and an average target price of $0.75.

WW International Trading Down 2.6%

The firm has a market cap of $318.49 million, a price-to-earnings ratio of -5.51 and a beta of 1.30. The firm has a 50 day moving average price of $29.32 and a 200-day moving average price of $10.53.

WW International Company Profile

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.