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WW International (NASDAQ:WW) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

WW International logo with Consumer Discretionary background

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.
  • Need better tools to track WW International? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Shares of WW International, Inc. (NASDAQ:WW - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on WW International

WW International Price Performance

The stock has a 50 day simple moving average of $29.32 and a two-hundred day simple moving average of $10.39. The company has a market cap of $318.49 million, a price-to-earnings ratio of -5.51 and a beta of 1.30.

About WW International

(Get Free Report)

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.

Further Reading

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