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NYSE:WEI - Weidai Stock Price, Forecast & News

$1.36
+0.03 (+2.26 %)
(As of 03/30/2020 01:26 PM ET)
Today's Range
$1.35
Now: $1.36
$1.39
50-Day Range
$1.04
MA: $1.87
$2.58
52-Week Range
$1.03
Now: $1.36
$11.63
Volume749 shs
Average Volume68,211 shs
Market Capitalization$95.81 million
P/E Ratio1.43
Dividend YieldN/A
Beta0.49
Weidai Ltd., through its subsidiaries, provides auto-backed financing solutions in the People's Republic of China. Its auto-backed financing platform connects borrowers primarily mall and micro enterprise owners with online investors and institutional funding partners. The company was founded in 2011 and is headquartered in Hangzhou, the People's Republic of China.
Read More

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone86-185-0164-1666

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$569.19 million
Cash Flow$1.37 per share
Book Value$4.61 per share

Profitability

Net Income$87.50 million

Miscellaneous

Employees9,919
Market Cap$95.81 million
Next Earnings Date3/31/2020 (Estimated)
OptionableNot Optionable

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Weidai (NYSE:WEI) Frequently Asked Questions

How has Weidai's stock been impacted by COVID-19 (Coronavirus)?

Weidai's stock was trading at $1.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WEI shares have decreased by 6.8% and is now trading at $1.36. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Weidai?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weidai in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Weidai.

When is Weidai's next earnings date?

Weidai is scheduled to release its next quarterly earnings announcement on Tuesday, March 31st 2020. View our earnings forecast for Weidai.

How were Weidai's earnings last quarter?

Weidai Ltd (NYSE:WEI) posted its quarterly earnings results on Tuesday, December, 31st. The company reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $107.15 million for the quarter. Weidai had a return on equity of 14.56% and a net margin of 12.71%. View Weidai's earnings history.

What price target have analysts set for WEI?

2 analysts have issued 12-month price targets for Weidai's stock. Their forecasts range from $5.40 to $5.40. On average, they anticipate Weidai's stock price to reach $5.40 in the next twelve months. This suggests a possible upside of 297.1% from the stock's current price. View analysts' price targets for Weidai.

Has Weidai been receiving favorable news coverage?

News articles about WEI stock have been trending very positive on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Weidai earned a news impact score of 4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutWeidai.

Are investors shorting Weidai?

Weidai saw a decline in short interest in March. As of March 13th, there was short interest totaling 30,800 shares, a decline of 8.3% from the February 27th total of 33,600 shares. Based on an average daily volume of 68,300 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the company's stock are short sold. View Weidai's Current Options Chain.

Who are some of Weidai's key competitors?

What other stocks do shareholders of Weidai own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Weidai investors own include Primo Water (PRMW), AbbVie (ABBV), Energy Transfer LP Unit (ET), Methanex (MEOH), Netflix (NFLX), Voyager Therapeutics (VYGR), Walgreens Boots Alliance (WBA), International Paper (IP), AT&T (T) and American Airlines Group (AAL).

Who are Weidai's key executives?

Weidai's management team includes the following people:
  • Mr. Hong Yao, Founder, Chairman & CEO (Age 39)
  • Mr. Chen Feng, Director & Pres (Age 43)
  • Mr. Li Leo, Chief Financial Officer (Age 34)
  • Mr. Zhu Jianzhong, VP of Technology, R&D (Age 40)
  • Mr. Wang Pengfei, VP of Brand Devel., Strategy & Compliance (Age 37)

When did Weidai IPO?

(WEI) raised $45 million in an IPO on Thursday, November 15th 2018. The company issued 4,500,000 shares at a price of $9.00-$11.00 per share. Morgan Stanley and Citigroup served as the underwriters for the IPO and AMTD was co-manager.

What is Weidai's stock symbol?

Weidai trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEI."

Who are Weidai's major shareholders?

Weidai's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (0.67%).

Which institutional investors are selling Weidai stock?

WEI stock was sold by a variety of institutional investors in the last quarter, including FMR LLC.

How do I buy shares of Weidai?

Shares of WEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Weidai's stock price today?

One share of WEI stock can currently be purchased for approximately $1.36.

How big of a company is Weidai?

Weidai has a market capitalization of $95.81 million and generates $569.19 million in revenue each year. The company earns $87.50 million in net income (profit) each year or $1.59 on an earnings per share basis. Weidai employs 9,919 workers across the globe. View additional information about Weidai.

What is Weidai's official website?

The official website for Weidai is http://www.weidai.com.cn/.

How can I contact Weidai?

Weidai's mailing address is 50F WEST BUILDING FORTUNE FINANCE CENTER NO.33 JIEFANG EAST ROAD JIANGGAN DISTRI, HANGZHOU F4, 310000. The company can be reached via phone at 86-185-0164-1666 or via email at [email protected]


MarketBeat Community Rating for Weidai (NYSE WEI)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  84 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  190
MarketBeat's community ratings are surveys of what our community members think about Weidai and other stocks. Vote "Outperform" if you believe WEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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