Webull (NASDAQ:BULL) Hits New 1-Year Low – Here’s What Happened

Webull Corporation (NASDAQ:BULL) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $4.50 and last traded at $4.5550, with a volume of 1209169 shares changing hands. The stock had previously closed at $4.74.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Compass Point assumed coverage on Webull in a research report on Monday, March 9th. They set a “buy” rating and a $9.00 price target on the stock. Wall Street Zen upgraded Webull from a “sell” rating to a “hold” rating in a research report on Sunday, March 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a report on Friday, March 27th. Zacks Research lowered Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Rosenblatt Securities cut their target price on shares of Webull from $15.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Webull presently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Webull Price Performance

The firm has a market capitalization of $2.33 billion, a PE ratio of -3.92 and a beta of 0.11. The company has a quick ratio of 1.40, a current ratio of 1.33 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $5.97 and a 200 day moving average price of $8.74.

Institutional Trading of Webull

Several institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC purchased a new stake in shares of Webull during the second quarter worth about $3,810,000. Quadrature Capital Ltd purchased a new stake in Webull during the 2nd quarter worth approximately $520,000. Quantbot Technologies LP acquired a new position in shares of Webull during the second quarter valued at approximately $71,000. Marshall Wace LLP purchased a new position in shares of Webull in the second quarter valued at approximately $14,771,000. Finally, Sassicaia Capital Advisers LLC purchased a new position in shares of Webull in the second quarter valued at approximately $1,770,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

Webull Company Profile

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.