Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Weibo Corp ADR’s current trading price is -22.98% away from its 52-week high, while its distance from the 52-week low is 35.85%. The stock’s price range during this period has varied between $7.03 and $12.40. The company, active in the Communication Services sector, saw a trading volume of around 0.38 million for the day, considerably lower average daily volume of 1.39 million observed over the last three months.
Weibo Corp ADR had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $12.40 on 10/07/24, while the lowest price during the same period was $7.03 on 09/09/24.
How Financial Performance Impacts Market Capitalization
Weibo Corp ADR (WB) has experienced a quarterly rise of 1.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.49B and boasts a workforce of 4982 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How WB’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WB stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.54.
WB Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 23.31%. However, over the past six months, we’ve seen a weaker performance of 0.10%. The price of WB fallen by 4.03% over the last 30 days. And in the last five days, it has fallen by -0.73%.
