Bilibili Inc. [NASDAQ: BILI] jumped around 1.04 points on Friday, while shares priced at $22.61 at the close of the session, up 4.82%. The company report on March 2, 2023 that Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results.
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Bilibili Inc. stock is now -4.56% down from its year-to-date (YTD) trading value. BILI Stock saw the intraday high of $23.72 and lowest of $21.5505 per share. The company’s 52-week high price is 35.00, which means current price is +24.23% above from all time high which was touched on 01/05/23.
Compared to the average trading volume of 10.03M shares, BILI reached a trading volume of 16611410 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Bilibili Inc. [BILI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BILI shares is $26.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BILI stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Bilibili Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 03, 2023. The new note on the price target was released on December 13, 2022, representing the official price target for Bilibili Inc. stock. On November 03, 2022, analysts decreased their price target for BILI shares from 42 to 11.50.
The Average True Range (ATR) for Bilibili Inc. is set at 1.58, with the Price to Sales ratio for BILI stock in the period of the last 12 months amounting to 2.79. The Price to Book ratio for the last quarter was 4.06, with the Price to Cash per share for the same quarter was set at 7.24.
How has BILI stock performed recently?
Bilibili Inc. [BILI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.45. With this latest performance, BILI shares dropped by -13.87% in over the last four-week period, additionally sinking by -9.42% over the last 6 months – not to mention a drop of -25.03% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BILI stock in for the last two-week period is set at 50.80, with the RSI for the last a single of trading hit 55.87, and the three-weeks RSI is set at 49.93 for Bilibili Inc. [BILI]. The present Moving Average for the last 50 days of trading for this stock 24.27, while it was recorded at 20.64 for the last single week of trading, and 21.23 for the last 200 days.
Bilibili Inc. [BILI]: Deeper insight into the fundamentals
Bilibili Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.
Insider trade positions for Bilibili Inc. [BILI]
There are presently around $1,836 million, or 25.50% of BILI stock, in the hands of institutional investors. The top three institutional holders of BILI stocks are: YIHENG CAPITAL MANAGEMENT, L.P. with ownership of 11,451,017, which is approximately 11.715% of the company’s market cap and around 3.24% of the total institutional ownership; FMR LLC, holding 10,885,908 shares of the stock with an approximate value of $246.13 million in BILI stocks shares; and ALIBABA GROUP HOLDING LTD, currently with $226.1 million in BILI stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Bilibili Inc. stocks held by institutional investors increased at the end of Thursday and at the time of the Thursday reporting period, where 87 institutional holders increased their position in Bilibili Inc. [NASDAQ:BILI] by around 17,861,962 shares. Additionally, 77 investors decreased positions by around 19,203,330 shares, while 22 investors held positions by with 44,134,068 shares. The mentioned changes placed institutional holdings at 81,199,360 shares, according to the latest SEC report filing. BILI stock had 42 new institutional investments in for a total of 6,367,680 shares, while 33 institutional investors sold positions of 4,976,942 shares during the same period.