WW International (NASDAQ:WW) Shares Pass Above 200-Day Moving Average – Here’s What Happened

WW International, Inc. (NASDAQ:WWGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.11 and traded as high as $1.13. WW International shares last traded at $1.09, with a volume of 791,204 shares changing hands.

Analysts Set New Price Targets

Several analysts recently issued reports on WW shares. Barclays reiterated an “underweight” rating and issued a $0.75 price target on shares of WW International in a report on Thursday, October 10th. StockNews.com upgraded WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.00.

Read Our Latest Analysis on WW

WW International Stock Down 0.9 %

The firm has a 50 day moving average price of $1.31 and a two-hundred day moving average price of $1.11. The company has a market capitalization of $87.05 million, a price-to-earnings ratio of -0.19 and a beta of 1.73.

Institutional Trading of WW International

Several large investors have recently modified their holdings of WW. Prism Advisors Inc. grew its stake in shares of WW International by 110.0% during the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock valued at $37,000 after acquiring an additional 22,000 shares in the last quarter. Marshall Wace LLP grew its stake in shares of WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after acquiring an additional 160,200 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of WW International by 14.7% during the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after acquiring an additional 130,180 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.

WW International Company Profile

(Get Free Report)

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.

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