In yesterday’s Wall Street session, Waterdrop Inc ADR (NYSE:WDH) shares traded at $1.46, unchanged from the previous session.
WDH stock price is now 19.48% away from the 50-day moving average and 25.11% away from the 200-day moving average. The market capitalization of the company currently stands at $423.36M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $2 to $2.10, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for Waterdrop Inc ADR (NYSE: WDH). On March 25, 2022, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock reducing its target price from $5 to quote $2, while ‘CLSA’ rates the stock as ‘Outperform’
A total of 0.74% of the company’s stock is owned by insiders.
During the past 12 months, Waterdrop Inc ADR has had a low of $0.91 and a high of $2.53. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 3.96, and a quick ratio of 3.96. The fifty day moving average price for WDH is $1.2464 and a two-hundred day moving average price translates $1.19954 for the stock.
The latest earnings results from Waterdrop Inc ADR (NYSE: WDH) was released for 2023-12-31. According to the Insurance – Diversified Company, earnings per share came in at 0.03, beating analysts’ expectations of 0.02 by 0.01. This compares to $0.04 EPS in the same period last year. The net profit margin was 6.36% and return on equity was 3.54% for WDH. The company reported revenue of $94.58 million for the quarter, compared to $90.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.37 percent.
