In Monday’s Wall Street session, WW International Inc (NASDAQ:WW) shares traded at $0.71, up 22.52% from the previous session.
WW stock price is now 48.09% away from the 50-day moving average and -23.45% away from the 200-day moving average. The market capitalization of the company currently stands at $57.02M.
With the price target reduced from $6.50 to $1.25, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for WW International Inc (NASDAQ: WW). On January 03, 2024, Barclays recently initiated its ‘Underweight’ rating on the stock quoting a target price of $8, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, KELLY DENIS F, Director bought 64,500 shares of the company’s stock on Aug 06 ’24. The stock was bought for $49,897 at an average price of $0.77. Upon completion of the transaction, the Director now directly owns 145,421 shares in the company, valued at $0.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07 ’24, Chief Executive Officer Sistani Sima bought 65,000 shares of the business’s stock. A total of $48,555 was incurred on buying the stock at an average price of $0.75. This leaves the insider owning 267,410 shares of the company worth $0.19 million. A total of 5.35% of the company’s stock is owned by insiders.
During the past 12 months, WW International Inc has had a low of $0.12 and a high of $2.35.
The company reported revenue of $184.41 million for the quarter, compared to $205.96 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.46 percent.
