Stocks To Watch: Weibo Corporation (WB) Is Creating Trading Opportunities

Weibo Corporation (WB) has seen some recent volatility in the stock market and its common shares were last quoted at $34.04 yesterday. Investors are starting to take notice of WB as the common shares traded as high as $34.15 and as low as $33.19 in the previous market session.

Weibo Corporation (WB) average trading volume is 1.73M. However, in the previous market session Weibo Corporation (WB) exchanged 1,166,683 shares. The 1st downside support level on WB is $32.76 and the 1st resistance level on WB is $51.69. WB 50-day moving average is $33.46 and WB two hundred day moving average is $39.14.

Weibo Corporation (WB) current performance has been indicated by the recent movement in WB common shares. WB has performed 13.50% over the past 4 weeks, WB has performed 1.52% over the past 90 days and WB has shown -22.46% over the past 1 year. Weibo Corporation (WB) has a 1 year range of $28.93 to $55.52. Weibo Corporation (WB) is trading 17.66% from its 1 year low and -38.69% from its 1 year high. Weibo Corporation (WB) is indicating a 10.54% short float indicating the quantity short in the float.

WB has 226.39M shares outstanding and 113.87M shares in the float. Weibo Corporation (WB) currently has a market cap of $7.68B and income of 396.30M. The EPS next quarter for WB is 0.46 and projected EPS next year is 24.03%. The market cap of Weibo Corporation (WB) at $7.68B signifies how many Investors own shares of WB and is based off the last price ($34.04) of WB and the quantity of shares outstanding (226.39M) with Weibo Corporation (WB).

Weibo Corporation (WB) has aggregate cash (mrq) of 2.35B, aggregate cash per share (mrq) of 10.36, aggregate debt of WB rests at 1.68B and aggregate debt/equity (mrq) is 72.84. . Weibo Corporation (WB) .

WB is trading 2.19% above (bullish) its SMA20, -0.96% below (bearish) its SMA50 and -18.50% below (bearish) its SMA200.