Webtoon Entertainment Inc. (WBTN)’s stock is trading at $12.70 at the moment marking a fall of -0.39% from the last session close. As of this writing, shares are priced at -50.51% less than their 52-week high of $25.66, and 4.06% over their 52-week low of $12.20. Based on the past 30-day period, the stock price is -48.62% below the high and +11.48% above the low.
Further, it is important to consider WBTN stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 1.24.WBTN’s price to book ratio for the most recent quarter was 1.06, resulting in an 2.82 price to cash per share for the period.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How does Webtoon Entertainment Inc. (WBTN) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 6 brokerage firms that recommend the stock as a Strong Sell. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.00 in simple terms.
Webtoon Entertainment Inc. (WBTN): Earnings History
If we examine Webtoon Entertainment Inc.’s recent earnings history, in the last quarter ended on 6/30/2024, it posted adjusted earnings per share of $0.2, slashing the consensus of -$0.72. In other words, it beat the consensus by $0.92, resulting in a 127.80% surprise. In the 3 months period before the previous quarter which was closed on 6/30/2024, the stock recorded adjusted earnings per share of $0.2 in contrast with the Outlook of -$0.72. That was a difference of $0.92 and a surprise of 127.80%.
Webtoon Entertainment Inc. (NASDAQ: WBTN) Ownership Details
I will give a breakdown of the key shareholders in Webtoon Entertainment Inc. (WBTN). Recent figures show that the company’s insiders hold 87.73% of shares. A total of 14 institutional investors hold shares in the company, making 4.01% of its stock and 32.69% of its float.
Jun 30, 2024, it was reported that the Company’s largest institutional holder is Federated Hermes, Inc. holding total of 1.41 shares that make 1.11% of the company’s total number of shares and are currently priced at 17.43 million.
The securities firm Texas – Teacher Retirement System holds 120.0 shares of WBTN, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.09%, and the holding percentage of shares is valued at 1.49 million.
An overview of Webtoon Entertainment Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Webtoon Entertainment Inc. (WBTN) traded 571,753 shares per day, with a moving average of $20.04 and price change of -8.15.
