Sequoia Financial Advisors LLC Invests $120,000 in Webull Corporation $BULL

Sequoia Financial Advisors LLC acquired a new position in shares of Webull Corporation (NASDAQ:BULL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $120,000.

Webull Stock Up 2.3%

BULL opened at $11.08 on Friday. The firm’s 50 day moving average price is $13.44. Webull Corporation has a 52-week low of $9.54 and a 52-week high of $79.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.42 and a quick ratio of 1.42. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of -9.89 and a beta of -0.15.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BULL shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Webull in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Webull to a “hold” rating in a report on Friday, September 5th. Northland Securities started coverage on shares of Webull in a research report on Thursday, September 4th. They set an “outperform” rating and a $18.00 price target on the stock. Northland Capmk raised shares of Webull to a “strong-buy” rating in a research report on Thursday, September 4th. Finally, Wall Street Zen upgraded shares of Webull from a “sell” rating to a “hold” rating in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $18.50.

Webull Company Profile

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.