WW International (WW) Stock Plummets 6.12% Amid Market Volatility

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Oct 03, 2024
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WW International (WW, Financial), known for its weight loss solutions, experienced significant stock movement with a sharp decline of 6.12%. The stock is currently priced at $0.731 per share, with a trading volume of 2.291 million shares. The turnover rate stands at 2.87% and the stock's volatility amplitude is noted at 4.33%.

Recent financial reports reveal that WW International has achieved a revenue of $202 million and a net profit of $23.27 million, translating to an earnings per share of $0.29. The gross profit reported is $137 million, and the price-to-earnings ratio is marked at -0.16.

Among the six investment firms that analyzed the stock, 17% recommended buying, 67% suggested holding, while 16% advised selling. Within the consumer services industry, where WW operates, the overall decline was 0.51%.

Comparatively, related stocks such as Interactive Strength Inc. and Frontdoor, Inc. saw notable gains. Interactive Strength Inc., Inspire Veterinary Partners, Inc., and WW International remained particularly active, with turnover rates of 125.01%, 40.70%, and 3.00% respectively. Interactive Strength Inc. also exhibited significant volatility with an amplitude of 20.19%, followed by Inspire Veterinary Partners, Inc. and Monster Charge with amplitudes of 12.77% and 7.33% respectively.

WW International offers weight loss programs and digital solutions for its members, including tools for tracking food, water intake, activity, and weight. The company also provides access to clinicians for medically qualified members. A major portion of its revenue comes from subscription services, with North America being its primary market.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.