Webull (NASDAQ:BULL) Sets New 52-Week Low – Here’s What Happened

Shares of Webull Corporation (NASDAQ:BULL) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $5.76 and last traded at $5.79, with a volume of 852381 shares traded. The stock had previously closed at $5.96.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on BULL shares. Wall Street Zen raised Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $15.00 target price on shares of Webull in a research report on Friday, January 23rd. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Webull in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.50.

Webull Price Performance

The firm has a market capitalization of $2.94 billion, a P/E ratio of -5.22 and a beta of -0.10. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average price of $7.71 and a 200-day moving average price of $10.62.

Hedge Funds Weigh In On Webull

Several hedge funds have recently added to or reduced their stakes in the company. Lunate Capital Ltd bought a new position in Webull in the 3rd quarter valued at $231,084,000. HSG Holding Ltd bought a new stake in shares of Webull during the second quarter valued at approximately $113,109,000. General Atlantic L.P. purchased a new stake in shares of Webull in the second quarter valued at approximately $85,491,000. Yong Rong HK Asset Management Ltd bought a new position in Webull in the fourth quarter worth approximately $38,850,000. Finally, State Street Corp raised its position in Webull by 23,123.1% during the 4th quarter. State Street Corp now owns 4,342,717 shares of the company’s stock valued at $33,743,000 after purchasing an additional 4,324,017 shares in the last quarter. 92.48% of the stock is currently owned by institutional investors.

About Webull

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.