In yesterday’s Wall Street session, WW International Inc (NASDAQ:WW) shares traded at $1.57, down -5.42% from the previous session.
WW stock price is now 72.12% away from the 50-day moving average and -28.52% away from the 200-day moving average. The market capitalization of the company currently stands at $125.18M.
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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, KELLY DENIS F, Director bought 64,500 shares of the company’s stock on Aug 06 ’24. The stock was bought for $49,897 at an average price of $0.77. Upon completion of the transaction, the Director now directly owns 145,421 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 07 ’24, Chief Executive Officer Sistani Sima bought 65,000 shares of the business’s stock. A total of $48,555 was incurred on buying the stock at an average price of $0.75. This leaves the insider owning 267,410 shares of the company worth $0.42 million. A total of 1.58% of the company’s stock is owned by insiders.
During the past 12 months, WW International Inc has had a low of $0.67 and a high of $12.58. The fifty day moving average price for WW is $0.9116 and a two-hundred day moving average price translates $2.1968 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.
