WW International (NASDAQ:WW) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• WW International's stock price recently surpassed its 200-day moving average of $6.91, trading as high as $41.90 before settling at $38.03 with a trading volume of 378,043 shares.
• The company has a market capitalization of $3.43 billion and 86.18% of its stock is held by institutional investors.
• Morgan Stanley maintains an "equal weight" rating on WW International, while Wall Street Zen has initiated coverage with a "hold" rating for the stock.

WW International, Inc. (NASDAQ:WW - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.91 and traded as high as $41.90. WW International shares last traded at $38.03, with a volume of 378,043 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on WW shares. Wall Street Zen initiated coverage on shares of WW International in a research note on Friday, May 16th. They set a "hold" rating on the stock. Morgan Stanley reissued an "equal weight" rating on shares of WW International in a research note on Friday, August 1st.

WW International Stock Performance

The firm has a market cap of $2.96 billion, a PE ratio of -5.68 and a beta of 1.30. The stock has a fifty day moving average price of $20.40 and a 200-day moving average price of $7.48.

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.