The trading price of Webull Corp (NASDAQ:BULL) closed higher on Monday, June 16, and closing at $10.69, 2.89% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 69.10. 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 -13.02% in value.
Webull Corp, whose market valuation is $4.93 billion at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that BULL’s price is currently -7.93% off the SMA20 and -32.78% off the SMA50. The RSI metric on the 14-day chart is currently showing 41.70, and weekly volatility stands at 2.61%. When measured over the past 30 days, the indicator reaches 4.64%. Webull Corp (NASDAQ:BULL)’s beta value is currently sitting at -0.20, while the Average True Range indicator is currently displaying 1.46.
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 2.89% in the latest trading, and -3.61% in the past year. Webull Corp has a P/E ratio of 69.10.
An evaluation of the daily trading volume of Webull Corp (NASDAQ:BULL) indicates that the 3-month average is 7.12 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 -8.04% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
