Bilibili Inc ADR (NASDAQ:BILI) shares, rose in value on Friday, April 05, with the stock price down by -1.54% to the previous day’s close as strong demand from buyers drove the stock to $10.89.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.06. The value of beta (5-year monthly) is 0.97. Referring to stock’s 52-week performance, its high was $22.53, and the low was $8.80. On the whole, BILI has fluctuated by 0.74% over the past month.
With the market capitalization of Bilibili Inc ADR currently standing at about $3.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 30, 2024 – Jun 03, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.16, which is expected to increase to -$0.04 for fiscal year -$0.2 and then to about $0.29 by fiscal year 2025. Data indicates that the EPS growth is expected to be 82.60% in 2025, while the next year’s EPS growth is forecast to be 245.00%.
Analysts have estimated the company’s revenue for the quarter at $772.35 million, with a low estimate of $756.18 million and a high estimate of $779.04 million. According to the average forecast, sales growth in current quarter could jump up 8.40%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $3.5 billion, representing an increase of 12.30% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that BILI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BILI currently trading nearly -5.13% and 3.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.76, while the 7-day volatility ratio is showing 3.52% which for the 30-day chart, stands at 4.65%. Furthermore, Bilibili Inc ADR (BILI)’s beta value is 1.01, and its average true range (ATR) is 0.55.
A comparison of Bilibili Inc ADR (BILI) with its peers suggests the former has fared considerably weaker in the market. BILI showed an intraday change of -1.54% in today’s session so far, and over the past year, it shrunk by -49.72%%.
Data on historical trading for Bilibili Inc ADR (NASDAQ:BILI) indicates that the trading volumes over the past 10 days have averaged 8.82 million and over the past 3 months, they’ve averaged 7.36 million. According to company’s latest data on outstanding shares, there are 328.44 million shares outstanding.
Nearly 0.00% of Bilibili Inc ADR’s shares belong to company insiders and institutional investors own 17.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.63 million shares as on Mar 15, 2024, resulting in a short ratio of 2.98. According to the data, the short interest in Bilibili Inc ADR (BILI) stood at 5.49% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 23.13 million. The stock has fallen by -10.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BILI stock heading into the next quarter.
