Bilibili Inc – (NASDAQ:BILI) traded down 5% during trading on Monday . The stock traded as low as $14.43 and last traded at $14.58. 4,530,163 shares were traded during mid-day trading, a decline of 6% from the average session volume of 4,808,901 shares. The stock had previously closed at $15.35.

Several equities research analysts have recently commented on the stock. 86 Research raised shares of Bilibili to a “buy” rating and set a $19.00 target price for the company in a research report on Friday. UBS Group began coverage on shares of Bilibili in a research report on Wednesday, April 10th. They set a “buy” rating and a $23.00 price target for the company. Daiwa Capital Markets set a $23.00 price target on shares of Bilibili and gave the company a “buy” rating in a research report on Friday, March 1st. ValuEngine raised shares of Bilibili from a “hold” rating to a “buy” rating in a research report on Friday, March 1st. Finally, JPMorgan Chase & Co. cut shares of Bilibili from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $17.00 to $20.00 in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $19.86.

The stock has a market cap of $4.27 billion, a PE ratio of -38.37 and a beta of 1.22.

Bilibili (NASDAQ:BILI) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.07. Bilibili had a negative net margin of 14.65% and a negative return on equity of 11.13%. The company had revenue of $203.54 million during the quarter, compared to analysts’ expectations of $192.60 million. Equities analysts anticipate that Bilibili Inc – will post -0.49 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. Alibaba Group Holding Ltd purchased a new position in Bilibili in the first quarter worth about $189,500,000. Segantii Capital Management Ltd purchased a new position in Bilibili in the first quarter worth about $90,561,000. TB Alternative Assets Ltd. raised its holdings in Bilibili by 16.1% in the first quarter. TB Alternative Assets Ltd. now owns 3,965,982 shares of the company’s stock worth $75,155,000 after buying an additional 549,891 shares during the last quarter. Yiheng Capital LLC raised its holdings in Bilibili by 49.5% in the fourth quarter. Yiheng Capital LLC now owns 2,510,714 shares of the company’s stock worth $36,631,000 after buying an additional 831,603 shares during the last quarter. Finally, Hillhouse Capital Advisors Ltd. purchased a new position in Bilibili in the fourth quarter worth about $31,776,000. 21.01% of the stock is owned by institutional investors and hedge funds.

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Bilibili Company Profile (NASDAQ:BILI)

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a platform that covers a range of genres and media formats, including videos, live broadcasting, and mobile games. Bilibili Inc has a strategic collaboration agreement with Tencent Holdings Limited for sharing and operating existing and additional anime and games on its platform in China.

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