WW International (NASDAQ:WW) Share Price Passes Above 200-Day Moving Average - Here's What Happened

Key Points

• WW International's shares have surpassed their 200-day moving average, trading as high as $28.06 before closing at $25.92.
• Equities analysts have recently given mixed ratings for WW International, with two holding a "Hold" rating and one issuing a "Sell" rating, resulting in an average target price of $0.75.
• The company, which focuses on weight management products and services, has a market capitalization of $258.86 million and a PE ratio of -4.48.

WW International, Inc. (NASDAQ:WW - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.05 and traded as high as $28.06. WW International shares last traded at $25.92, with a volume of 256,180 shares.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WW shares. CJS Securities started coverage on WW International in a report on Monday, September 15th. They issued a "market perform" rating for the company. Wall Street Zen upgraded WW International to a "hold" rating in a report on Saturday, August 30th. Finally, Morgan Stanley reiterated an "equal weight" rating on shares of WW International in a report on Friday, August 1st. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, WW International presently has an average rating of "Reduce" and an average target price of $0.75.

WW International Price Performance

The firm has a market cap of $258.86 million, a PE ratio of -4.48 and a beta of 1.30. The company has a 50-day simple moving average of $33.30 and a 200-day simple moving average of $15.05.

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.

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