WW International (NASDAQ:WW) Shares Down 6.6% - Time to Sell?

Key Points

• WW International's share price fell by 6.6% to $31.34, with trading volume down by 68% from its average.
• The company has a market cap of $2.95 billion and a P/E ratio of -5.65, indicating financial challenges.
• Equities analysts like Morgan Stanley and Wall Street Zen have issued 'hold' ratings, reflecting cautious optimism regarding growth prospects.

WW International, Inc. (NASDAQ:WW - Get Free Report) was down 6.6% on Tuesday . The stock traded as low as $31.83 and last traded at $31.34. Approximately 114,667 shares changed hands during trading, a decline of 68% from the average daily volume of 362,631 shares. The stock had previously closed at $33.54.

Analyst Upgrades and Downgrades

WW has been the topic of several recent research reports. Wall Street Zen initiated coverage on WW International in a report on Friday, May 16th. They set a "hold" rating on the stock. Morgan Stanley reaffirmed an "equal weight" rating on shares of WW International in a report on Friday, August 1st.

WW International Trading Down 1.4%

The company has a 50-day moving average price of $22.99 and a two-hundred day moving average price of $8.26. The stock has a market capitalization of $2.87 billion, a P/E ratio of -5.48 and a beta of 1.30.

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.