WW International (NASDAQ:WW) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

WW International, Inc. (NASDAQ:WW)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.23 and traded as high as $29.87. WW International shares last traded at $26.91, with a volume of 136,991 shares traded.

Analyst Upgrades and Downgrades

Several analysts have commented on WW shares. Morgan Stanley reaffirmed an “equal weight” rating on shares of WW International in a research note on Friday, August 1st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of WW International in a research note on Tuesday. Wall Street Zen raised shares of WW International to a “hold” rating in a research note on Saturday, August 30th. Finally, CJS Securities started coverage on shares of WW International in a research note on Monday, September 15th. They issued a “market perform” rating for the company. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

WW International Trading Down 7.9%

The business’s 50-day moving average is $29.92 and its two-hundred day moving average is $17.23. The stock has a market capitalization of $268.75 million, a PE ratio of -4.65 and a beta of 1.30.

WW International (NASDAQ:WW) last announced its quarterly earnings results on Tuesday, August 5th. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.52). The company had revenue of $186.57 million for the quarter. On average, analysts predict that WW International, Inc. will post -0.06 EPS for the current year.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.