Webtoon Entertainment Inc. (NASDAQ:WBTN) has seen 2.48 million shares traded in the last trading session. The company, currently valued at $1.62B, closed the last trade at $12.75 per share which meant it lost -$7.88 on the day or -38.20% during that session. The WBTN stock price is -101.25% off its 52-week high price of $25.66 and -37.41% below the 52-week low of $17.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.6 million shares traded. The 3-month trading volume is 780.16K shares.
The consensus among analysts is that Webtoon Entertainment Inc. (WBTN) is Buy stock at the moment, with a recommendation rating of 1.86. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.44.
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Webtoon Entertainment Inc. (NASDAQ:WBTN) trade information
Sporting -38.20% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WBTN stock price touched $12.75 or saw a rise of 40.08%. Year-to-date, Webtoon Entertainment Inc. shares have moved -44.57%, while the 5-day performance has seen it change -35.28%. Over the past 30 days, the shares of Webtoon Entertainment Inc. (NASDAQ:WBTN) have changed -36.35%. Short interest in the company has seen 0.8 million shares shorted with days to cover at 0.17.
Wall Street analysts have a consensus price target for the stock at $30, which means that the shares’ value could jump 57.5% from current levels. The projected low price target is $23.0 while the price target rests at a high of $62.0. In that case, then, we find that the current price level is -386.27% off the targeted high while a plunge would see the stock gain -80.39% from current levels.
6 analysts offering their estimates for the company have set an average revenue estimate of 353.25M for the current quarter. 5 have an estimated revenue figure of 391.92M for the next ending quarter.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Emerging Markets Opportunities Fund and Fidelity Pacific Basin Fund . As of Jun 30, 2024 , the former fund manager holds about 0.91% shares in the company for having 1.15 shares of worth $14.71 million while later fund manager owns 69.1 shares of worth $0.88 million as of Jun 30, 2024 , which makes it owner of about 0.05% of company’s outstanding stock.
