In yesterday’s Wall Street session, WW International Inc (NASDAQ:WW) shares traded at $0.86, up 12.59% from the previous session.
WW stock price is now -29.71% away from the 50-day moving average and -76.44% away from the 200-day moving average. The market capitalization of the company currently stands at $68.57M.
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 reduced from $6.50 to $1.25, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for WW International Inc (NASDAQ: WW). On January 03, 2024, Barclays recently initiated its ‘Underweight’ rating on the stock quoting a target price of $8, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, Sistani Sima, Chief Executive Officer bought 65,000 shares of the company’s stock on Aug 07 ’24. The stock was bought for $48,555 at an average price of $0.75. Upon completion of the transaction, the Chief Executive Officer now directly owns 267,410 shares in the company, valued at $0.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 06 ’24, Director KELLY DENIS F bought 64,500 shares of the business’s stock. A total of $49,897 was incurred on buying the stock at an average price of $0.77. This leaves the insider owning 145,421 shares of the company worth $0.13 million. A total of 1.54% of the company’s stock is owned by insiders.
During the past 12 months, WW International Inc has had a low of $0.71 and a high of $13.31. The fifty day moving average price for WW is $1.2082 and a two-hundred day moving average price translates $3.6118 for the stock.
The latest earnings results from WW International Inc (NASDAQ: WW) was released for 2024-06-29. The company reported revenue of $202.07 million for the quarter, compared to $226.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.91 percent.
