WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $351.00 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.
WEBTOON Entertainment Trading Down 0.7 %
Shares of NASDAQ:WBTN traded down $0.07 during trading on Friday, reaching $10.49. 405,733 shares of the company traded hands, compared to its average volume of 267,920. The firm has a fifty day simple moving average of $12.69 and a 200 day simple moving average of $12.35. WEBTOON Entertainment has a 1-year low of $10.05 and a 1-year high of $25.66.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on WBTN shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of WEBTOON Entertainment from $18.00 to $16.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. The Goldman Sachs Group dropped their target price on shares of WEBTOON Entertainment from $48.00 to $25.00 and set a "buy" rating on the stock in a report on Monday, January 27th. Finally, Morgan Stanley dropped their target price on shares of WEBTOON Entertainment from $17.50 to $16.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $21.67.
Check Out Our Latest Report on WEBTOON Entertainment
About WEBTOON Entertainment
(
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WEBTOON Entertainment Inc operates a storytelling platform worldwide. The company's platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories.
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