Webull (NASDAQ:BULL) Upgraded at Wall Street Zen

Webull (NASDAQ:BULL) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Friday.

Webull Price Performance

BULL opened at $15.41 on Friday. The business’s fifty day moving average price is $13.75. The stock has a market cap of $7.11 billion, a P/E ratio of 96.32 and a beta of -0.17. Webull has a 52 week low of $9.54 and a 52 week high of $79.56.

Webull (NASDAQ:BULL) last released its quarterly earnings data on Thursday, May 22nd. The company reported ($0.06) EPS for the quarter. The business had revenue of $117.37 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new position in shares of Webull in the 2nd quarter valued at $69,000. Quantbot Technologies LP purchased a new position in shares of Webull in the 2nd quarter valued at $71,000. Militia Capital Partners LP purchased a new position in shares of Webull in the 2nd quarter valued at $96,000. Sequoia Financial Advisors LLC purchased a new position in shares of Webull in the 2nd quarter valued at $120,000. Finally, Shay Capital LLC purchased a new position in shares of Webull in the 2nd quarter valued at $120,000. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

Webull Company Profile

Webull Corp. engages in the provision of financial services. It offers trading, wealth management product distribution, market data and information, user community, and investor education. The company was founded by An Quan Wang in 2016 and is headquartered in St. Petersburg, FL.