Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 12.27, 24.60, 18.12 and 15.02 respectively.The most recent analyst activity for Weibo Corporation [NASDAQ:WB] stock was on November 15, 2019, when it was Downgrade with an Outperform rating from CLSA. As of now, the company’s stock is sitting at 35.62 points at 1st support level, the second support level is making up to 35.03. Before that, on April 22, 2020, Barclays Recapitulated an Equal weight rating and elevated its amount target to $40. It shows enduring liability to the whole principal at 42.45 and enduring liability to assets at 0.35 while looking for an extended time period.Meanwhile, turning our focus to liquidity, the Current Ratio for Weibo Corporation [NASDAQ:WB] is 4.70. Weibo Corporation (WB) is falling in the market in today’s trading session.The stock, focused on the tech sector, is presently trading at $34.89 after tumbling -7.60% so far today.
As of now, the company’s stock is sitting at 35.62 points at 1st support level, the second support level is making up to 35.03.
Weibo was established by SINA Corporation as T.CN, but it changed its name to Weibo in 2012..
On October 18, 2019, Jefferies Upgrade a Buy rating. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 12.27, 24.60, 18.12 and 15.02 respectively.The most recent analyst activity for Weibo Corporation [NASDAQ:WB] stock was on November 15, 2019, when it was Downgrade with an Outperform rating from CLSA. As of this writing, the stock is at $33.81, down -6.65%. Over the last week, WB shares are -0.17% down with the monthly amount drift of 3.84% and seems well in a long time frame.The Principal structure of this organization shows its whole liability to whole principal at 42.57 and the whole liability to whole assets at 35.22. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors.
. Plus, WB info will be updated daily in your Zacks.com Portfolio Tracker . BEIJING , June 29, 2020 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB ), a leading social media in China , today announced that it has filed a preliminary prospectus supplement with the United States
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