Bilibili Inc. (NASDAQ:BILI - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $19.44, but opened at $19.93. Bilibili shares last traded at $20.29, with a volume of 1,188,154 shares.
Analysts Set New Price Targets
Several research analysts have recently weighed in on BILI shares. Nomura Securities cut shares of Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Benchmark boosted their target price on shares of Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a report on Friday, February 21st. Finally, Barclays increased their price target on shares of Bilibili from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Bilibili currently has an average rating of "Moderate Buy" and a consensus target price of $21.11.
Check Out Our Latest Stock Analysis on BILI
Bilibili Price Performance
The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The stock's 50-day moving average is $19.75 and its two-hundred day moving average is $19.80. The stock has a market cap of $7.89 billion, a PE ratio of -42.37 and a beta of 0.93.
Bilibili (NASDAQ:BILI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. On average, equities analysts predict that Bilibili Inc. will post 0.16 earnings per share for the current year.
Institutional Trading of Bilibili
Several hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in Bilibili during the 4th quarter worth approximately $2,689,000. Vise Technologies Inc. purchased a new stake in shares of Bilibili during the 4th quarter worth $329,000. Vident Advisory LLC grew its stake in shares of Bilibili by 15.1% during the fourth quarter. Vident Advisory LLC now owns 17,226 shares of the company's stock worth $312,000 after purchasing an additional 2,263 shares in the last quarter. Quantinno Capital Management LP increased its holdings in Bilibili by 37.1% in the fourth quarter. Quantinno Capital Management LP now owns 32,296 shares of the company's stock valued at $585,000 after buying an additional 8,739 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in Bilibili in the fourth quarter valued at $272,000. Institutional investors and hedge funds own 16.08% of the company's stock.
Bilibili Company Profile
(
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Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.
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