Bilibili Inc ADR (NASDAQ:BILI) shares, rose in value, with the stock price up by 10.97% to the previous day’s close as strong demand from buyers drove the stock to $12.75.
Actively observing the price movement in the last trading, the stock closed the session at $11.49. Referring to stock’s 52-week performance, its high was $20.60, and the low was $8.80. On the whole, BILI has fluctuated by 18.72% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.49B, with a low estimate of 755.33M and a high estimate of 859.83M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 778.77M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BILI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BILI currently trading nearly 13.06% and 15.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.24, while the 7-day volatility ratio is showing 4.04% which for the 30-day chart, stands at 3.77%. Furthermore, Bilibili Inc ADR (BILI)’s beta value is 0.99, and its average true range (ATR) is 0.60.
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 10.97% in last session, and over the past year, it shrunk by -35.87%%.
Data on historical trading for Bilibili Inc ADR (NASDAQ:BILI) indicates that the trading volumes over the past 3 months, they’ve averaged 7.10 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 17.19% of the company’s shares. The stock has risen by 4.77% 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.
