Bilibili Inc ADR (NASDAQ:BILI) price on current trading day, rose 3.86% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.64.
A look at the stock’s price movement, the level at last check in today’s session was $16.98, moving within a range at $17.14 and $18.1. The beta value (5-Year monthly) was 0.859. Turning to its 52-week performance, $31.77 and $8.80 were the 52-week high and 52-week low respectively. Overall, BILI moved -8.20% over the past month.
Bilibili Inc ADR’s market cap currently stands at around $5.74 billion, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 7.63B for the company’s revenue for the quarter, with a low and high estimate of 7.49B and 7.72B respectively. The average forecast suggests up to a 20.23% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 26.73B, representing a 18.67% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BILI is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
11 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 6 recommend BILI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BILI’s current price about -1.34% and -8.15% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.77, while 7-day volatility ratio is 2.55% and 2.98% in the 30-day chart. Further, Bilibili Inc ADR (BILI) has a beta value of 0.82, and an average true range (ATR) of 0.81. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $16 and high of $22.6. Looking at the price targets, the low is 9.3% off recent price level in today’s trading while to achieve the yearly target high, it has to move -28.12%. Nonetheless, investors will most likely welcome a -2.04% jump to $18 which is the analysts’ median price.
If we refocus on Bilibili Inc ADR (NASDAQ:BILI), historical trading data shows that trading volumes averaged 5.06 over the past 10 days and 5.45 million over the past 3 months. The company’s latest data on shares outstanding shows there are 330.42 million shares.
The 0.00% of Bilibili Inc ADR’s shares are in the hands of company insiders while institutional holders own 21.85% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17.9 million on 2024-10-31, giving us a short ratio of 1.67. The data shows that as of 2024-10-31 short interest in Bilibili Inc ADR (BILI) stood at 711.00004 of shares outstanding, with shares short falling to 18.99 million registered in 2024-09-30. Current price change has pushed the stock -2.62% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BILI stock continues to rise going into the next quarter.
