WW International (NASDAQ:WW) Trading Down 4.4% - Should You Sell?

Key Points

• WW International shares fell 4.4%, trading at $30.36, significantly below the average daily volume, indicating a lack of investor confidence.
• Analysts at Wall Street Zen and Morgan Stanley have issued a "hold" and "equal weight" rating respectively, reflecting mixed views on the stock's performance.
• The company has a market capitalization of $2.80 billion and a PE ratio of -5.36, which raises concerns about its profitability and market positioning.

Shares of WW International, Inc. (NASDAQ:WW - Get Free Report) dropped 4.4% on Monday . The stock traded as low as $30.80 and last traded at $30.36. Approximately 13,075 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 357,914 shares. The stock had previously closed at $31.74.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Wall Street Zen assumed coverage on WW International in a research note on Friday, May 16th. They issued a "hold" rating for the company. Morgan Stanley reaffirmed an "equal weight" rating on shares of WW International in a research note on Friday, August 1st.

WW International Stock Down 2.2%

The business has a 50 day simple moving average of $22.99 and a 200 day simple moving average of $8.36. The company has a market capitalization of $2.80 billion, a PE ratio of -5.36 and a beta of 1.30.

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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