Webull (NASDAQ:BULL) Hits New 12-Month Low – Time to Sell?

Webull Corporation (NASDAQ:BULL) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $4.50 and last traded at $4.5550, with a volume of 1209169 shares traded. The stock had previously closed at $4.74.

Analysts Set New Price Targets

BULL has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Webull in a report on Friday, March 27th. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. Compass Point started coverage on shares of Webull in a report on Monday, March 9th. They issued a “buy” rating and a $9.00 price objective for the company. Finally, Rosenblatt Securities decreased their target price on shares of Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Webull currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

Webull Stock Performance

The firm has a fifty day moving average price of $5.97 and a 200 day moving average price of $8.74. The company has a current ratio of 1.33, a quick ratio of 1.40 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.33 billion, a PE ratio of -3.92 and a beta of 0.11.

Hedge Funds Weigh In On Webull

Institutional investors have recently bought and sold shares of the company. Independent Advisor Alliance grew its stake in shares of Webull by 9.3% in the 3rd quarter. Independent Advisor Alliance now owns 15,920 shares of the company’s stock valued at $235,000 after buying an additional 1,350 shares during the period. Legal & General Group Plc purchased a new stake in shares of Webull during the 3rd quarter valued at approximately $26,000. NewEdge Advisors LLC raised its position in shares of Webull by 7.9% during the 4th quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock valued at $201,000 after buying an additional 1,895 shares during the period. Osaic Holdings Inc. acquired a new position in Webull in the second quarter valued at approximately $30,000. Finally, Jones Financial Companies Lllp lifted its holdings in Webull by 860.7% in the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after acquiring an additional 2,651 shares during 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.