WW International (NASDAQ:WW) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of WW International (NASDAQ:WWGet Free Report) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

WW International Stock Down 16.1 %

NASDAQ WW opened at $0.13 on Thursday. The business’s 50-day moving average price is $0.52 and its 200 day moving average price is $0.97. The firm has a market cap of $10.42 million, a P/E ratio of -0.02 and a beta of 1.69. WW International has a 52-week low of $0.13 and a 52-week high of $2.35.

WW International (NASDAQ:WWGet Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.31. The company had revenue of $184.41 million during the quarter, compared to analysts’ expectations of $173.23 million. During the same quarter last year, the business posted ($1.11) earnings per share. As a group, analysts anticipate that WW International will post -0.06 earnings per share for the current year.

Hedge Funds Weigh In On WW International

A hedge fund recently bought a new stake in WW International stock. Quinn Opportunity Partners LLC purchased a new position in shares of WW International, Inc. (NASDAQ:WWFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned approximately 0.13% of WW International as of its most recent SEC filing. 86.18% of the stock is owned by hedge funds and other institutional investors.

WW International Company Profile

(Get Free Report)

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.

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Analyst Recommendations for WW International (NASDAQ:WW)

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