WalkMe Ltd. (NASDAQ:WKME – Get Rating)’s stock price was down 2.7% during mid-day trading on Wednesday . The company traded as low as $8.15 and last traded at $8.15. Approximately 701 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 110,579 shares. The stock had previously closed at $8.38.
Analyst Ratings Changes
A number of research analysts recently issued reports on WKME shares. BMO Capital Markets decreased their price objective on shares of WalkMe from $14.00 to $10.50 in a research note on Wednesday, November 16th. The Goldman Sachs Group decreased their price objective on shares of WalkMe from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, November 16th. Morgan Stanley decreased their price objective on shares of WalkMe from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 16th. Finally, Barclays cut shares of WalkMe from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $15.00 to $9.00 in a research note on Tuesday, October 18th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $14.69.
WalkMe Stock Up 0.2 %
The business’s 50 day simple moving average is $8.33 and its two-hundred day simple moving average is $9.79. The stock has a market cap of $694.26 million, a P/E ratio of -7.06 and a beta of -0.01.
Institutional Trading of WalkMe
WalkMe Ltd. provides cloud-based digital adoption platform in the United States and internationally. Its digital adoption platform enables organizations to measure, drive, and act to maximize the impact of their digital transformation and accelerate the return on their software investment. The company was formerly known as Make Tutorial Ltd.
- Get a free copy of the StockNews.com research report on WalkMe (WKME)
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