WW International (NASDAQ:WW) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

WW International, Inc. (NASDAQ:WW) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.11 and traded as high as $1.25. WW International shares last traded at $1.21, with a volume of 1,408,206 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WW shares. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Barclays reiterated an “underweight” rating and set a $0.75 target price on shares of WW International in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $4.50.

WW International Stock Down 3.6 %

The stock’s 50-day simple moving average is $1.28 and its 200 day simple moving average is $1.11. The firm has a market cap of $86.25 million, a P/E ratio of -0.19 and a beta of 1.73.

Institutional Trading of WW International

Hedge funds and other institutional investors have recently bought and sold shares of the business. Prism Advisors Inc. grew its holdings in WW International by 110.0% during the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after buying an additional 22,000 shares in the last quarter. Marshall Wace LLP boosted its holdings in WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after purchasing an additional 160,200 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in WW International by 14.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after buying an additional 130,180 shares during the last quarter. 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.