WW International, Inc. (NASDAQ:WW - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.65 and traded as high as $40.00. WW International shares last traded at $38.83, with a volume of 236,536 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen initiated coverage on shares of WW International in a research report on Friday, May 16th. They issued a "hold" rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $2.25.
Check Out Our Latest Research Report on WW
WW International Price Performance
The firm's 50 day moving average is $10.72 and its two-hundred day moving average is $4.14. The firm has a market capitalization of $3.43 billion, a P/E ratio of -6.56 and a beta of 1.30.
WW International (NASDAQ:WW - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.21). The business had revenue of $186.57 million for the quarter, compared to analysts' expectations of $178.53 million. Analysts anticipate that WW International, Inc. will post -0.06 EPS for the current fiscal year.
Hedge Funds Weigh In On WW International
A hedge fund recently bought a new stake in WW International stock. Quinn Opportunity Partners LLC acquired a new position in shares of WW International, Inc. (NASDAQ:WW - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company's stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned 0.13% of WW International as of its most recent SEC filing. 86.18% of the stock is owned by hedge funds and other institutional investors.
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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