Webull (NASDAQ:BULL) Reaches New 1-Year Low – Time to Sell?

Webull Corporation (NASDAQ:BULL)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $5.22 and last traded at $5.2750, with a volume of 4673270 shares. The stock had previously closed at $5.47.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BULL shares. Rosenblatt Securities dropped their price target on shares of Webull from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a report on Sunday. Zacks Research cut shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research note on Monday, December 29th. Finally, Compass Point began coverage on Webull in a research report on Monday, March 9th. They issued a “buy” rating and a $9.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Webull presently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Webull Price Performance

The company’s 50 day simple moving average is $6.67 and its 200 day simple moving average is $9.35. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.40. The stock has a market cap of $2.62 billion, a P/E ratio of -4.44 and a beta of -0.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new position in Webull in the third quarter valued at about $26,000. Osaic Holdings Inc. acquired a new stake in shares of Webull during the second quarter worth about $30,000. Jones Financial Companies Lllp raised its position in shares of Webull by 860.7% during the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock worth $45,000 after purchasing an additional 2,651 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of Webull during the 4th quarter valued at about $34,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Webull during the 2nd quarter valued at about $69,000. 92.48% of the stock is currently owned by institutional investors.

About Webull

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.