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

WW International, Inc. (NASDAQ:WW)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.10 and traded as high as $1.83. WW International shares last traded at $1.77, with a volume of 7,050,031 shares trading hands.

Wall Street Analyst Weigh In

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

WW International Price Performance

The business’s fifty day moving average price is $1.22 and its 200-day moving average price is $1.10. The stock has a market capitalization of $141.36 million, a price-to-earnings ratio of -0.31 and a beta of 1.73.

Institutional Investors Weigh In On WW International

Several institutional investors have recently bought and sold shares of WW. Prism Advisors Inc. grew its position in 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. Geode Capital Management LLC boosted its stake 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 worth $891,000 after buying an additional 130,180 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of WW International by 159.9% in the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after acquiring an additional 160,200 shares in the last quarter. Institutional investors 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.