StockNews.com Initiates Coverage on WW International (NASDAQ:WW)

Research analysts at StockNews.com initiated coverage on shares of WW International (NASDAQ:WW) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.

WW International Stock Performance

WW International stock opened at $0.25 on Friday. The company’s fifty day moving average price is $0.42 and its 200 day moving average price is $0.86. The stock has a market capitalization of $20.04 million, a P/E ratio of -0.04 and a beta of 1.30. WW International has a 1 year low of $0.12 and a 1 year high of $2.18.

WW International (NASDAQ:WW) last announced its earnings results on Tuesday, May 6th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.21). The firm had revenue of $186.57 million for the quarter, compared to analyst estimates of $178.53 million. Sell-side analysts predict that WW International will post -0.06 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WW International stock. Quinn Opportunity Partners LLC bought a new stake in WW International, Inc. (NASDAQ:WW) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $127,000. Quinn Opportunity Partners LLC owned about 0.13% of WW International as of its most recent SEC filing. Institutional investors own 86.18% of the company’s stock.

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.