Webull (NASDAQ:BULL) Hits New 12-Month Low – Here’s What Happened

Webull Corporation (NASDAQ:BULL) shares reached a new 52-week low on Tuesday . The stock traded as low as $7.57 and last traded at $7.60, with a volume of 2082580 shares traded. The stock had previously closed at $7.70.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on BULL shares. Rosenblatt Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of Webull in a report on Friday, January 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. Zacks Research upgraded Webull from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Wall Street Zen raised Webull from a “strong sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $16.50.

Webull Trading Down 3.8%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a 50 day simple moving average of $8.53 and a two-hundred day simple moving average of $11.47.

Institutional Investors Weigh In On Webull

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Legal & General Group Plc acquired a new position in Webull in the 3rd quarter valued at about $26,000. Osaic Holdings Inc. acquired a new stake in shares of Webull during the 2nd quarter worth approximately $30,000. Jones Financial Companies Lllp raised its position in shares of Webull by 860.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after buying an additional 2,651 shares during the period. Tower Research Capital LLC TRC acquired a new position in Webull in the second quarter valued at approximately $69,000. Finally, Quantbot Technologies LP purchased a new position in Webull in the second quarter worth approximately $71,000. 92.48% of the stock is currently owned by institutional investors and hedge funds.

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.