Why StoneCo Shares Are Trading Higher By 8%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
StoneCo Ltd Earnings Report: StoneCo Ltd shares rose 8% in pre-market trading after reporting better-than-expected fourth-quarter earnings and sales results.
Stock Movements: Several stocks saw significant pre-market movements, with Leishen Energy gaining 90%, while FST Corp fell 23% following a previous surge.
Analyst Views on WDH
Wall Street analysts forecast WDH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDH is 2.00 USD with a low forecast of 2.00 USD and a high forecast of 2.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 1.790
Low
2.00
Averages
2.00
High
2.00
Current: 1.790
Low
2.00
Averages
2.00
High
2.00
About WDH
Waterdrop Inc is a holding company principally engaged in the provision of insurance and healthcare service. The Company mainly operates through three segments. The Insurance segment is primarily engaged in the provision of insurance brokerage service, such as health and life insurance products, as well as technical service. The Crowdfunding segment is primarily engaged in the provision of crowdfunding service. The Others segment include online sale of health products, and the provision of digital multichannel marketing solution and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
