Bilibili Inc. (NASDAQ:BILI – Get Rating) was the recipient of unusually large options trading activity on Friday. Stock traders bought 26,518 call options on the company. This is an increase of approximately 40% compared to the typical volume of 18,896 call options.
Bilibili Trading Down 3.7 %
Shares of NASDAQ:BILI opened at $19.32 on Friday. The company’s 50-day moving average price is $24.54 and its two-hundred day moving average price is $24.78. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.71 and a quick ratio of 2.71. Bilibili has a one year low of $14.93 and a one year high of $89.80. The stock has a market capitalization of $7.55 billion, a PE ratio of -5.93 and a beta of 1.00.
Bilibili (NASDAQ:BILI – Get Rating) last announced its quarterly earnings results on Thursday, September 8th. The company reported ($4.98) EPS for the quarter, missing analysts’ consensus estimates of ($0.77) by ($4.21). Bilibili had a negative net margin of 39.78% and a negative return on equity of 34.71%. The company had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter last year, the company posted ($0.45) EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. On average, equities analysts forecast that Bilibili will post -2.91 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Institutional Trading of Bilibili
Institutional investors and hedge funds have recently made changes to their positions in the company. FMR LLC increased its position in shares of Bilibili by 2.1% during the second quarter. FMR LLC now owns 19,888,043 shares of the company’s stock worth $509,134,000 after buying an additional 405,620 shares during the period. Allspring Global Investments Holdings LLC raised its position in Bilibili by 0.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 6,338,703 shares of the company’s stock worth $162,270,000 after acquiring an additional 48,700 shares during the period. WT Asset Management Ltd bought a new stake in Bilibili in the second quarter worth about $5,670,000. Marshall Wace LLP increased its stake in shares of Bilibili by 759.3% in the fourth quarter. Marshall Wace LLP now owns 1,970,630 shares of the company’s stock worth $91,440,000 after purchasing an additional 1,741,292 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Bilibili by 41.6% during the fourth quarter. Legal & General Group Plc now owns 1,637,484 shares of the company’s stock valued at $75,979,000 after acquiring an additional 481,432 shares in the last quarter. Institutional investors own 23.43% of the company’s stock.
Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, and live broadcasting.
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