WW International Inc (NASDAQ:WW) shares, rose in value, with the stock price down by -4.22% to the previous day’s close as strong demand from buyers drove the stock to $1.59.
Actively observing the price movement in the last trading, the stock closed the session at $1.66. Referring to stock’s 52-week performance, its high was $13.31, and the low was $1.56. On the whole, WW has fluctuated by -8.09% 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 846.51M, with a low estimate of 197.48M and a high estimate of 202.33M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 200.15M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 WW currently trading nearly -8.83% and -36.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.78, while the 7-day volatility ratio is showing 10.32% which for the 30-day chart, stands at 10.04%. Furthermore, WW International Inc (WW)’s beta value is 1.78, and its average true range (ATR) is 0.22.
A comparison of WW International Inc (WW) with its peers suggests the former has fared considerably weaker in the market. WW showed an intraday change of -4.22% in last session, and over the past year, it shrunk by -77.86%%.
Data on historical trading for WW International Inc (NASDAQ:WW) indicates that the trading volumes over the past 3 months, they’ve averaged 5.78 million. According to company’s latest data on outstanding shares, there are 79.19 million shares outstanding.
Nearly 1.45% of WW International Inc’s shares belong to company insiders and institutional investors own 83.34% of the company’s shares. The stock has fallen by -81.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WW stock heading into the next quarter.
