Weibo (NASDAQ:WB - Get Free Report) is expected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Weibo to post earnings of $0.44 per share and revenue of $451.76 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Weibo Stock Performance
Weibo stock traded up $0.10 during mid-day trading on Friday, reaching $10.92. The company's stock had a trading volume of 1,414,087 shares, compared to its average volume of 1,378,656. The firm's fifty day moving average price is $10.06 and its two-hundred day moving average price is $9.38. The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.57 and a current ratio of 3.57. Weibo has a 12-month low of $7.03 and a 12-month high of $12.40. The company has a market capitalization of $2.65 billion, a P/E ratio of 7.48 and a beta of 0.27.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on WB. Benchmark reissued a "hold" rating on shares of Weibo in a report on Wednesday, November 20th. StockNews.com raised shares of Weibo from a "hold" rating to a "buy" rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Weibo currently has an average rating of "Hold" and a consensus target price of $10.28.
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About Weibo
(
Get Free Report)
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.
Further Reading

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