WW International (NASDAQ:WW) Stock Crosses Above 200 Day Moving Average – Time to Sell?

WW International, Inc. (NASDAQ:WW)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.12 and traded as high as $1.64. WW International shares last traded at $1.48, with a volume of 2,420,409 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. StockNews.com raised shares of WW International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Barclays reaffirmed an “underweight” rating and issued a $0.75 price target 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 issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $4.50.

WW International Price Performance

The firm’s 50 day moving average price is $1.20 and its two-hundred day moving average price is $1.12. The firm has a market cap of $107.81 million, a price-to-earnings ratio of -0.23 and a beta of 1.73.

Institutional Investors Weigh In On WW International

Several hedge funds have recently modified their holdings of the stock. Prism Advisors Inc. lifted its position in WW International by 110.0% in the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock valued at $37,000 after purchasing an additional 22,000 shares during the period. Marshall Wace LLP increased its position in WW International by 159.9% during the 2nd 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 period. Finally, Geode Capital Management LLC raised its stake in shares of WW International by 14.7% during 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 in the last quarter. 86.18% of the stock is owned by institutional investors and hedge funds.

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.