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

Shares of Webull Corporation (NASDAQ:BULL) hit a new 52-week low on Wednesday . The stock traded as low as $5.47 and last traded at $5.76, with a volume of 7467329 shares changing hands. The stock had previously closed at $5.60.

Wall Street Analyst Weigh In

BULL has been the topic of a number of analyst reports. Wall Street Zen raised shares of Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a report on Monday, December 29th. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Webull in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.50.

Webull Trading Up 2.9%

The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of -5.14 and a beta of -0.10. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.40 and a current ratio of 1.40. The company has a 50 day moving average price of $7.45 and a two-hundred day moving average price of $10.34.

Hedge Funds Weigh In On Webull

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BULL. Virtu Financial LLC acquired a new stake in shares of Webull in the fourth quarter valued at about $799,000. Invesco Ltd. purchased a new position in Webull in the 4th quarter valued at about $1,458,000. Vident Advisory LLC boosted its holdings in Webull by 345.8% in the 4th quarter. Vident Advisory LLC now owns 77,576 shares of the company’s stock worth $603,000 after buying an additional 60,174 shares during the last quarter. Mackenzie Financial Corp acquired a new stake in Webull in the 4th quarter worth about $134,000. Finally, NewEdge Advisors LLC increased its stake in Webull by 7.9% during the 4th quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock worth $201,000 after buying an additional 1,895 shares in the last quarter. 92.48% of the stock is owned by hedge funds and other institutional investors.

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.