Bilibili Inc ADR [BILI] Is Currently 8.68 below its 200 Period Moving Avg: What Does This Mean?

Bilibili Inc ADR [NASDAQ: BILI] gained 8.68% or 1.83 points to close at $22.92 with a heavy trading volume of 18519492 shares.

The daily chart for BILI points out that the company has recorded 104.64% gains over the past six months.

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If we look at the average trading volume of 5.68M shares, BILI reached to a volume of 18519492 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Bilibili Inc ADR [BILI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BILI shares is $18.87 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 1.54. 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.

Goldman have made an estimate for Bilibili Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 26, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $15 to $20. The new note on the price target was released on September 25, 2024, representing the official price target for Bilibili Inc ADR stock. Previously, the target price had yet another raise from $14 to $19, while Barclays kept a Overweight rating on BILI stock.

The Average True Range (ATR) for Bilibili Inc ADR is set at 1.11, with the Price to Sales ratio for BILI stock in the period of the last 12 months amounting to 2.22. The Price to Book ratio for the last quarter was 8.08, with the Price to Cash per share for the same quarter was set at 5.98.

Trading performance analysis for BILI stock

Bilibili Inc ADR [BILI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 44.15. With this latest performance, BILI shares gained by 67.79% in over the last four-week period, additionally plugging by 104.64% over the last 6 months – not to mention a rise of 69.15% 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 81.97, with the RSI for the last a single of trading hit 87.94, and the three-weeks RSI is set at 76.46 for Bilibili Inc ADR [BILI]. The present Moving Average for the last 50 days of trading for this stock 15.17, while it was recorded at 19.37 for the last single week of trading, and 13.19 for the last 200 days.

Bilibili Inc ADR [BILI]: A deeper dive into fundamental analysis

Bilibili Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.02.

An analysis of Institutional ownership at Bilibili Inc ADR [BILI]

The top three institutional holders of BILI stocks are: YIHENG CAPITAL MANAGEMENT, L.P. with ownership of 23.32 million shares, which is approximately 5.6149%. YIHENG CAPITAL MANAGEMENT, L.P., holding 12.67 million shares of the stock with an approximate value of $$195.61 million in BILI stocks shares; and YIHENG CAPITAL MANAGEMENT, L.P., currently with $$109.16 million in BILI stock with ownership which is approximately 1.7025%.