Bilibili Inc. (NASDAQ:BILI – Get Rating) saw unusually-high trading volume on Friday . Approximately 7,065,229 shares were traded during trading, a decline of 12% from the previous session’s volume of 8,069,525 shares.The stock last traded at $22.99 and had previously closed at $21.57.
Analyst Upgrades and Downgrades
BILI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Bilibili from $20.00 to $30.00 in a research report on Wednesday, December 7th. UBS Group started coverage on Bilibili in a research note on Thursday, December 8th. They issued a “buy” rating on the stock. HSBC lowered their target price on Bilibili from $20.00 to $17.00 in a research note on Wednesday, November 30th. Sanford C. Bernstein raised Bilibili from an “underperform” rating to a “market perform” rating in a report on Tuesday, December 13th. Finally, Bank of America increased their target price on Bilibili from $11.50 to $13.50 in a report on Friday, November 25th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Bilibili currently has an average rating of “Moderate Buy” and an average price target of $23.28.
Bilibili Price Performance
The company has a fifty day simple moving average of $24.37 and a two-hundred day simple moving average of $19.69. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market capitalization of $8.83 billion, a price-to-earnings ratio of -7.96 and a beta of 1.08.
Institutional Trading of Bilibili
Bilibili Company Profile
Bilibili, Inc is a holding company, which represents the iconic brand of online entertainment for young generations in China. It offers a wide array of content serving young generations’ diverse interests. The firm enables broad video-based content consumption scenarios centered around professional user generated videos (PUGV) supplemented with live broadcasting, occupationally generated videos, or occupationally generated videos (OGV), and more.
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