Browse By

WisdomTree (NASDAQ:WETF) has been upgraded from Neutral to Buy in a statement by Citigroup earlier today.

Al Wild

Citigroup has upgraded WisdomTree (NASDAQ:WETF) from Neutral to Buy in a statement released on 5/15/2017.

Having a price of $9.02, WisdomTree (NASDAQ:WETF) traded 5.54% higher on the day. With the last stock price down -2.60% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. WETF has recorded a 50-day average of $8.66 and a two hundred day average of $9.77. Trade Volume was down over the average, with 1,793,460 shares of WETF changing hands under the typical 2,804,400

Recent Performance Chart

WisdomTree (NASDAQ:WETF)

WisdomTree has PE ratio of 63.47 with a one year low of $7.87 and a one year high of $13.32 and has a market capitalization of $0.

A total of 8 brokerages have released a report on WisdomTree. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, four brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $11.00.

General Company Details For WisdomTree (NASDAQ:WETF)

WisdomTree Investments, Inc. is an asset management company that focuses on exchange-traded funds (ETFs). The Company's family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan. These activities are reported in its U.S. Business segment that comprises its the United States business and Japan sales office, which primarily engages in selling its United States listed ETFs to Japanese institutions, and International Business segment, that comprises its European business and Canadian business. Its United States listed products include International Hedged Equity ETFs, Equity ETFs, Fixed Income ETFs, Currency ETFs, Alternative Strategy ETFs and Commodity ETFs. Its portfolio of Non-the United States listed products include WisdomTree UCITS ETFs, Boost ETPs and Canadian ETFs.

The post WisdomTree (NASDAQ:WETF) has been upgraded from Neutral to Buy in a statement by Citigroup earlier today. appeared first on Breaking Finance News.

Leave a Reply

Your email address will not be published. Required fields are marked *