WW International (NASDAQ:WW) Shares Up 13,226.6% - What's Next?

WW International, Inc. (NASDAQ:WW - Get Free Report)'s stock price shot up 13,226.6% on Monday . The company traded as high as $41.61 and last traded at $37.17. 52,837 shares were traded during trading, a decline of 100% from the average session volume of 11,583,964 shares. The stock had previously closed at $0.28.

Analysts Set New Price Targets

Separately, Wall Street Zen began coverage on WW International in a report on Friday, May 16th. They issued a "hold" rating for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $2.25.

WW International Trading Up 13,616.4%

The business has a 50 day moving average of $0.32 and a two-hundred day moving average of $0.62. The firm has a market cap of $3.07 billion, a P/E ratio of -6.61 and a beta of 1.30.

WW International (NASDAQ:WW - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.21). The company had revenue of $186.57 million during the quarter, compared to analyst estimates of $178.53 million. On average, sell-side analysts predict that WW International, Inc. will post -0.06 EPS for the current year.

Institutional Investors Weigh In On WW International

A hedge fund recently bought a new stake in WW International stock. Quinn Opportunity Partners LLC bought a new position in shares of WW International, Inc. (NASDAQ:WW - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 100,000 shares of the company's stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned approximately 0.13% of WW International as of its most recent filing with the SEC. 86.18% of the stock is owned by institutional investors.

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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