WW International (NASDAQ:WW) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of WW International (NASDAQ:WW) in a report released on Thursday. The brokerage issued a hold rating on the stock.

WW International Trading Down 20.3 %

Shares of WW stock opened at $0.58 on Thursday. WW International has a 1 year low of $0.12 and a 1 year high of $2.33. The firm’s fifty day simple moving average is $0.45 and its 200 day simple moving average is $0.91. The firm has a market capitalization of $46.47 million, a P/E ratio of -0.10 and a beta of 1.69.

WW International (NASDAQ:WW) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.31. The company had revenue of $184.41 million for the quarter, compared to analyst estimates of $173.23 million. During the same period in the prior year, the company posted ($1.11) EPS. Equities research analysts anticipate that WW International will post -0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On WW International

An institutional investor recently raised its position in WW International stock. Geode Capital Management LLC grew its holdings in WW International, Inc. (NASDAQ:WW) by 14.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,014,475 shares of the company’s stock after buying an additional 130,180 shares during the quarter. Geode Capital Management LLC owned approximately 1.27% of WW International worth $891,000 at the end of the most recent reporting period. Institutional investors own 86.18% of the company’s stock.

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.