On Tuesday, shares of Weidai Ltd. (NYSE:WEI) marked $5.13 per share versus a previous $0.82 closing price. With having a 526.45% gain, an insight into the fundamental values of Weidai Ltd., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. WEI showed a rise of 64.95% within its YTD performance, with highs and lows between $0.73 – $6.50 during the period of 52 weeks, compared to the simple moving average of 237.32% in the period of the last 200 days.
Morgan Stanley equity researchers changed the status of Weidai Ltd. (NYSE: WEI) shares from “Overweight” to a “Underweight” rating in the report published on January 21st, 2020. Other analysts, including Citigroup, also published their reports on WEI shares. Citigroup repeated the rating from the previous report, marking WEI under “Sell” rating, in the report published on October 3rd, 2019. Additionally, WEI shares got another “Buy” rating from Citigroup.
[bold-text]Weidai Ltd. (WEI) Analysis[/bold-text]
The present dividend yield for WEI owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 217.40%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Weidai Ltd. (WEI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 9.00% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.70 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while WEI is currently recording an average of 38.05K in volumes. The volatility of the stock on monthly basis is set at 35.17%, while the weekly volatility levels are marked at 124.92%with 463.74% of gain in the last seven days.
[bold-text]What to Look for When Analyzing Weidai Ltd. Shares?[/bold-text]
Weidai Ltd. (WEI) is based in the China and it represents one of the well-known company operating with Technology sector. If you wish to compare WEI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 9.59 for Weidai Ltd., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.54 is supported by the yearly EPS growth of -54.50%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at , which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 0.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in WEI Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in WEI in the recent period. That is how Dimensional Fund Advisors LP now has an increase position in WEI by 0.00% in the first quarter, owning 10897 shares of WEI stocks, with the value of $9175 after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Penserra Capital Management LLC also increased their stake in WEI shares changed 0.00% in the first quarter, which means that the company now owns 2110 shares of company, all valued at $1777 after the acquisition of additional 0 shares during the last quarter.
FSC Securities Corp. acquired a new position in Weidai Ltd. during the first quarter, with the value of $192, and UBS Securities LLC increased their stake in the company’s shares by 1,294.29% in the first quarter, now owning 453 shares valued at $411 after the acquisition of the additional 488 shares during the last quarter. At the present, 0.70% of WEI shares are in the ownership of institutional investors.