WW International (NASDAQ:WW) Shares Up 11.1% - Here's Why

Key Points

• WW International's shares increased by 11.1% during mid-day trading, reaching a high of $34.19 from a previous close of $30.77.
• The stock has a market cap of $3.03 billion and reports a PE ratio of -5.77, indicating potential financial challenges.
• Analysts currently rate WW International with a consensus of "Reduce," reflecting cautious outlooks with an average target price of $0.75.

WW International, Inc. (NASDAQ:WW - Get Free Report)'s share price traded up 11.1% during mid-day trading on Tuesday . The stock traded as high as $33.71 and last traded at $34.19. 142,413 shares changed hands during trading, a decline of 60% from the average session volume of 358,103 shares. The stock had previously closed at $30.77.

Wall Street Analyst Weigh In

WW has been the subject of several recent analyst reports. Wall Street Zen initiated coverage on WW International in a research note on Friday, May 16th. They issued a "hold" rating for the company. Morgan Stanley reiterated an "equal weight" rating on shares of WW International in a research report on Friday, August 1st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $0.75.

WW International Stock Up 9.1%

The stock has a market cap of $3.03 billion, a PE ratio of -5.77 and a beta of 1.30. The business's fifty day moving average is $23.60 and its 200 day moving average is $8.57.

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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