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

Shares of WW International, Inc. (NASDAQ:WW) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. CJS Securities assumed coverage on shares of WW International in a report on Monday, September 15th. They issued a “market perform” rating on the stock. Morgan Stanley restated an “equal weight” rating on shares of WW International in a research note on Friday, August 1st. Wall Street Zen upgraded shares of WW International to a “hold” rating in a research note on Saturday, August 30th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of WW International in a research note on Tuesday. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average 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 firm has a market cap of $268.75 million, a P/E ratio of -4.65 and a beta of 1.30.

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

About WW International

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.