ContextLogic Inc. (NASDAQ:WISH) shares, rose in value on Thursday, Jan 14, with the stock price up by 10.16% to the previous day’s close as strong demand from buyers drove the stock to $26.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $23.92, falling within a range of $23.78 and $27.77. The value of beta (5-year monthly) is 0 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $24.75, and the low was $17.41. On the whole, WISH has fluctuated by 0% over the past month.
12 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 4 analyst(s), 8 recommend it as a Buy and no body called the WISH stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.
A comparison of ContextLogic Inc. (WISH) with its peers suggests the former has fared considerably weaker in the market. WISH showed an intraday change of +10.16% in today’s session so far, and over the past year, it dropped by 0%. In comparison, Amazon.com Inc (AMZN) has moved lower at -0.15% today and is up +69.35% over the past 12 months. On the other hand, the price of Alibaba Group Holding (BABA) has risen 3.55% today. The stock, however, is off 3.89% from where it was a year ago. Additionally, there is a gain of 1016% for Pinduoduo Inc ADR (PDD) in recent trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 0 for ContextLogic Inc., compared to 92.71 for Amazon.com Inc, and 31.38 for Alibaba Group Holding. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.25%. Meanwhile, the Dow Jones Industrial improved by 0.4%.
Data on historical trading for ContextLogic Inc. (NASDAQ:WISH) indicates that the trading volumes over the past 10 days have averaged 5.9 Million and over the past 3 months, they’ve averaged 11.04 Million. According to company’s latest data on outstanding shares, there are 680Million shares outstanding.
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