WW International (NASDAQ:WW) Share Price Passes Above 200-Day Moving Average – What’s Next?

WW International, Inc. (NASDAQ:WW) crossed above its 200-day moving average during trading on Monday . The stock has a 200-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.

Wall Street Analyst Weigh In

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

WW International Trading Down 1.2 %

The firm’s 50-day simple moving average is $1.28 and its 200 day simple moving average is $1.11. The stock has a market cap of $96.23 million, a P/E ratio of -0.21 and a beta of 1.73.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Prism Advisors Inc. raised its holdings in shares of WW International by 110.0% in the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after purchasing an additional 22,000 shares in the last quarter. Marshall Wace LLP grew its holdings in shares of WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after buying an additional 160,200 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of 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 purchasing an additional 130,180 shares during the period. Institutional investors and hedge funds own 86.18% of the company’s stock.

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.