The trading price of Webull Corp (NASDAQ:BULL) closed higher on Tuesday, May 27, and closing at $13.20, 7.36% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 85.36. In examining the 52-week price action we see that the stock hit a 52-week high of $79.56 and a 52-week low of $9.54. Over the past month, the stock has lost -23.54% in value.
Webull Corp, whose market valuation is $6.09 billion at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that BULL’s price is currently -5.71% off the SMA20 and -17.99% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.94, and weekly volatility stands at 7.74%. When measured over the past 30 days, the indicator reaches 8.13%. Webull Corp (NASDAQ:BULL)’s beta value is currently sitting at -0.13, while the Average True Range indicator is currently displaying 2.86.
To see how Webull Corp stock has been performing in comparison to its peers in the industry, here are the numbers: BULL stock’s performance was 7.36% in the latest trading, and 18.86% in the past year. Webull Corp has a P/E ratio of 85.36.
An evaluation of the daily trading volume of Webull Corp (NASDAQ:BULL) indicates that the 3-month average is 4.97 million.
Currently, records show that 461.55 million of the company’s shares remain outstanding. The insiders hold 67.79% of outstanding shares, whereas institutions hold 1.14%. However, since the stock’s price has seen 13.59% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.