WW International (NASDAQ:WW) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

WW International, Inc. (NASDAQ:WW)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.12 and traded as high as $1.42. WW International shares last traded at $1.34, with a volume of 2,553,337 shares changing hands.

Analysts Set New Price Targets

WW has been the topic of several recent research reports. StockNews.com upgraded 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 note on Thursday, October 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, WW International has a consensus rating of “Hold” and a consensus price target of $4.50.

WW International Stock Down 2.9 %

The firm has a market capitalization of $107.02 million, a price-to-earnings ratio of -0.23 and a beta of 1.73. The business’s fifty day moving average is $1.21 and its 200 day moving average is $1.12.

Institutional Investors Weigh In On WW International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Prism Advisors Inc. increased its position in shares of WW International by 110.0% during 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 during the last quarter. Geode Capital Management LLC increased its holdings in WW International by 14.7% during the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after buying an additional 130,180 shares during the last quarter. Finally, Marshall Wace LLP raised its position 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 acquiring an additional 160,200 shares in the last quarter. 86.18% of the stock is currently owned by institutional investors and hedge funds.

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.