As of Thursday close, Bilibili Inc.’s (NASDAQ:BILI) stock was down -$0.47, moving down -3.51 percent to $12.93. The average number of shares traded per day over the past five days has been 2,723,080 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.00 fall in that time frame. In the last twenty days, the average volume was 4,754,995, while in the previous 50 days, it was 6,470,498.
Since last month, BILI stock retreated -11.44%. Shares of the company fell to $12.84 on 09/21/23, the lowest level in the past month. A 52-week high of $29.46 was reached on 01/05/23 after having rallying from a 52-week low of $8.23. Since the beginning of this year, BILI’s stock price has dropped by -45.42% or -$10.76, and marked a new high 3 times. However, the stock has declined by -56.11% since its 52-week high.
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Valuation Metrics
The stock’s beta is 1.13. Besides these, the trailing price-to-sales (P/S) ratio of 1.75, the price-to-book (PB) ratio of 2.35.
Financial Health
In the three months ended June 29, Bilibili Inc.’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.19, and the total debt-to-equity ratio was 0.47. On the profitability front, the trailing twelve-month gross margin is 20.80% percent. In the year ended June 29, EBITDA margin amounted to -21.88%, whereas operating margins totaled -23.40%. Based on annual data, BILI earned $558.1 million in gross profit and brought in $3.18 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -23.40%. Return on equity (ROE) for the past 12 months was -32.70%.
In Bilibili Inc.’s quarter-end financial report for June 29, it reported total debt of $1.26 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BILI’s revenue rose 4.2% during the quarter, while net income inched up to $3.18 billion. While analysts expected Bilibili Inc. to report -$0.35 quarterly earnings, the actual figure was -$0.32 per share, beating the consensus estimate by 8.60%. During the quarter, the company generated -$182.2 million in EBITDA. The liabilities of Bilibili Inc. were 2.53 billion at the end of its most recent quarter ended June 29, and its total debt was $7.81 billion.
Technical Picture
This quick technical analysis looks at Bilibili Inc.’s (BILI) price momentum. With a historical volatility rate of 29.91%, the RSI 9-day stood at 26.70% on 21 September.
With respect to its five-day moving average, the current Bilibili Inc. price is down by -7.18% percent or -$1.00. At present, BILI shares trade -12.93% below its 20-day simple moving average and -36.49% percent below its 100-day simple moving average. However, the stock is currently trading approximately -22.57% below its SMA50 and -34.83% below its SMA200.
Stochastic coefficient K was 4.25% and Stochastic coefficient D was 7.47%, while ATR was 0.55. Given the Stochastic reading of 2.72% for the 14-day period, the RSI (14) reading has been calculated as 33.20%. As of today, the MACD Oscillator reading stands at -0.39, while the 14-day reading stands at -0.78.
Analyst Ratings
Bilibili Inc. downgraded its rating on Bilibili Inc. (NASDAQ: BILI) to an Underweight in a note to investors on July 27, 2023. The analysts firm previously had an Overweight rating on the stock.Bilibili Inc. (BILI) has been rated Overweight by analysts. According to 3 brokerage firms, BILI is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Bilibili Inc. stock as buy, with 27 recommending it as overweight.
With a median target price of $153.50, the current consensus forecast for the stock is $89.91 – $255.83. Based on these forecasts, analysts predict Bilibili Inc. (BILI) will achieve an average price target of $151.24.
