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Tag: BILI stock

  • Bilibili Inc. (BILI) Continues to Rise Premarket. What is happening?

    Bilibili Inc. (BILI) Continues to Rise Premarket. What is happening?

    Chinese stocks in the U.S. have been having wild volatility recently due to audit issues and Beijing’s relationship with Kremlin. With the audit issues giving rise to delisting concerns and more stock being added for delisting consideration, Chinese stocks have had a rough time. Despite such tumulus times for the stock, sudden outbursts have also been known to take place over the slightest news of positive news lending a shoulder. Issues over the U.S. requiring a regulatory audit of Chinese companies by its own authorities have been ongoing for quite some time now.

    On Thursday, March 30, 2022, news was reported that a further five Chinese stocks have been added to the list of equities under consideration for delisting. While the news gave rise to further fears, another report eased the situation. According to South China Morning Post’s report, China is leaning toward a compromise. China is considering a new approach and the audit data is expected to be vetted for state secrets before being handed over for review by U.S. auditors. Shining a bright light of hope on the gloomy investors, the news resulted in a bullish trend in Chinese stocks.

    Bilibili Inc. (BILI)

    China’s youth’s online entertainment brand, Bilibili Inc. (BILI) is also enjoying good rebound energy on the positive trend in the market. Starting its bullishness on Friday, the stock has continued its positive momentum into today’s premarket; April 4, 2022. At the last check, BILI was trending at a value of $30.52 in the premarket after adding 10.50%. The stock had closed the previous trading session at a price of $27.62 with an increase of 7.97%.

    The current rise in the stock follows a downfall of over 40% YTD, while the year-ago’s decline stood at almost 75%.

    Latest Financials Analysis

    Source: Strategia

    The so-called YouTube of China, Bilibili recently reported its fiscal 2021 results. More than doubling compared to 2020, BILI’s Q4 2021 net revenues were RMB5,780.8 million (+51% YOY). The most noticeable among the various segments of revenue was Advertising with YOY growth of a mammoth 120%.

    Moreover, the company also improved its gross profit in the quarter with an increase of 16% YOY to RMB1,097.8.

    While the net loss was RMB2,095.8 million, the adjusted value resulted in RMB1,659.8 million. Comparatively, the year-ago quarter’s adjusted net loss was RMB691.5 million.

    Thus, the quarter’s basic and diluted loss per share expanded to RMB5.34 in comparison to RMB2.34 in Q4 2020.

    At the end of the quarter, BILI’s cash, cash equivalents, time deposits, and short-term investments totaled RMB30.2 billion.

  • Post Q3 Earnings, Bilibili Inc. (BILI) Bearish Pre-Market

    Post Q3 Earnings, Bilibili Inc. (BILI) Bearish Pre-Market

    Bilibili Inc. (BILI) stock becomes bearish pre-market, trading at $82.83 (-6.92%) on November 17, at a pre-market volume of 145.2K. In the previous trading session, the stock gained 4.30% at a volume of 4.09, as it closed at $89.02. Intraday trading, the stock saw a high of $89.80 and a low of $87.11. Over the past 5 days the stock saw a gain of 9.48% while it witnessed a gain of 86.04% year to date. BILI has a market capital of $33.12 billion currently. On November 17, the company announced its third quarter financial results, soon after which the stock entered a downtrend in the pre-market.

    More about Bilibili Inc. (BILI)

    Founded in 2009, Bilibili Inc. (BILI) is a holding company, which represents the iconic brand of online entertainment for young generations in China. Its platform offers a range of content like, video services, mobile games, value-added services, ACG-related comic and audio content.

    The company is headquartered in Shanghai, the People’s Republic of China.

    BILI’s Q3 Financial Results

    On November 17, the company announced its unaudited financial results for the third quarter ended September 30, 2021. As per the results, the total net revenues generated were RMB5,206.6 million (US$808.0 million), showing an increase of 61% from that of Q3 2020. Moreover, the cost of revenues was RMB4,188.1 million (US$650.0 million) which increased by 70% from that of Q3 2020. The total operating expanses accumulated to RMB2,896.5 million (US$449.5 million), which increased by 57% from the same period of 2020. Additionally, the gross profit saw an increase of 34% from Q3 2020, to stand at RMB1,018.4 million (US$158.1 million) in Q3 2021.

    Further, the non-GAAP adjusted net loss of BILI for Q3 2021 was RMB1,622.0 million (US$251.7 million). While the non-GAAP adjusted net loss for the same period of 2020 was RMB967.1 million. Accordingly, the adjusted basic and diluted net loss per share were RMB4.16 (US$0.65) for the third quarter of 2021. While the adjusted basic and diluted net loss per share were RMB2.70 in the same period of 2020.

    As of September 30, 2021, BILI had cash and cash equivalents, time deposits and short-term investments of RMB24.4 billion (US$3.8 billion).

    While the company showed great revenues and other financials, the losses it incurred put the investors in question of the stock’s current value.

    Q4 Outlook

    Based on current results, BILI expects net revenue in range of RMB5.7 billion and RMB5.8 billion for the fourth quarter of 2021.

  • Electronic Gaming & Multimedia Stocks in the Spotlight ‎

    There is a wide range of industry classifications for listed companies that can select ‎investment ‎opportunities of their choice. Gaming is one such field in the world of ‎investment that has achieved ‎enough momentum. A new generation of gaming and related ‎firms has flourished with the ‎advancement of technology, with younger demographics on ‎the rise worldwide. ‎

    ‎ Around the world, corporations are exploring innovative gaming concepts, developing new ‎types of ‎games to keep customers engaged, and making profits for themselves and their ‎shareholders. ‎
    From cell phones to computers to PCs, Gaming companies are the latest betting destination ‎for those ‎who are bold enough to take a shot at the stocks of gaming companies.‎

    ‎ How many of the wide range of stocks in the gaming industry produced the highest returns ‎this year? ‎Which of those in the long list of gaming stocks was among the winners?‎
    ‎

    Activision Blizzard Inc. (NASDAQ:ATVI) shares were trading up 2.16% at $90.37 ‎at the time of writing on Friday.‎

    Activision Blizzard Inc. (NASDAQ:ATVI) share price went from a low point ‎around $50.51 to briefly over $89.35 in past 52 weeks, though shares have since pulled back to $90.37. ‎ATVI market cap has remained high, hitting $68.37B at the time of writing, giving it price-to-sales ratio ‎of more than 8.‎

    If we look at the recent analyst rating ATVI, Deutsche Bank upgraded coverage ‎on ATVI shares with a Buy rating and a $96.53 price target, which implies room for ‎‎6.16% upside momentum this year.‎

    Bilibili Inc. (BILI) last closed at $84.68, in a 52-week range of $17.47 to $82.84. ‎Analysts have a consensus price target of $66.51.‎

    Electronic Arts Inc. (EA) stock soar by 1.97% to $142.61. The company on ‎December 14, 2020 reported that it has reached an agreement with the Board of Codemasters for the ‎recommended acquisition of Codemasters, the UK-based game developer and publisher. The most ‎recent rating by JP Morgan, on December 16, 2020, is at a Neutral.‎

    Glu Mobile Inc. (NASDAQ:GLUU) Shares headed falling, lower as much as -‎‎2.83%. The most recent rating by Goldman, on September 01, 2020, is at a Buy.

    ‎The9 Limited (NASDAQ:NCTY) rose 10.51% after gaining more than $0.33 on ‎Friday. The company on November 20, 2020 revealed that it will hold its annual general meeting of ‎shareholders at the 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s ‎Republic of China on December 22, 2020 at 2:00 p.m., Shanghai time.

    ‎Sea Limited (SE) last closed at $200.35, in a 52-week range of $35.61 to $212.33. ‎Analysts have a consensus price target of $202.94. The company on December 11, 2020 reported an ‎upsize and pricing of offering of American Depositary Shares.

    ‎Take-Two Interactive Software Inc. (TTWO) stock soar by 3.03% to $203.39. The ‎most recent rating by JP Morgan, on December 16, 2020, is at a Neutral.

    ‎Zynga Inc. (NASDAQ:ZNGA) Shares headed rising, higher as much as 3.43%. The ‎game developer company recently declared pricing of offering of $762 million of convertible senior ‎notes. The most recent rating by JP Morgan, on December 16, 2020, is at an Overweight.

  • What changed for these 50 stocks in Pre-Market Session?

    What changed for these 50 stocks in Pre-Market Session?

    Oncternal Therapeutics Inc. (ONCT) stock soared 2.42% to $2.96 in the pre-market trading as the company raised the size of the formerly publicized offering and purchase on a firm commitment basis 7,258,065 shares of common stock of the Company, at a price to the public of $3.10 per share, less underwriting discounts, and commissions.

    JOYY Inc. (NASDAQ: YY) shares are trading up 19.13% at $87.75 at the time of writing as the Company revealed its Q3, 2020 Earnings. Analysts have a consensus price target of $125. The company’s 52-week range was noted as $41.33 to $108.21.

    Aptevo Therapeutics Inc. (APVO) grew over 38.17% at $48.9 in pre-market trading today after the firm offered an update on ALG.APV-527, a novel immunotherapeutic bispecific candidate aimed for the cure of multiple solid tumors expressing 5T4, a tumor-restricted antigen.

    Zomedica Pharmaceuticals Corp. (ZOM), a Drug Manufacturers – Specialty & Generic company, dropped about -2.19% at $0.1428 in pre-market trading Thursday as the firm announced its Q3 2020 results.

    Nxt-ID Inc. (NXTD) stock moved down -1.99 percent to $0.35 in the pre-market trading after the Corporation declared to adjourn the annual meeting of shareholders.

    MoneyGram International Inc. (MGI) lost over -7.9% at $6.7 in pre-market trading Thursday 19 November 2020, as the company posted 150% year-over-year cross-border deal and revenue growth for October in its direct-to-consumer digital business, MGO.

    Lexicon Pharmaceuticals Inc. (LXRX) is up more than 2.5% at $1.64 in pre-market hours Thursday 19 November 2020 following the company revealed to participate in Stifel 2020 Virtual Healthcare conference on Wednesday, November 18, 2020. The stock had dropped over -11.60% to $1.60 in the last trading session.

    Before the trading started on 19 November 2020, UP Fintech Holding Limited (TIGR) is up 4.61% to reach $5.9 after the Company announced to unveil its quarterly results on November 25, 2020. It has been trading in a 52-week range of $2.03 to $7.60.

    Asia Pacific Wire & Cable Corporation Limited (APWC) stock plunged -4.72% to $2.02 in the pre-market trading as the Corporation publicized that it will organize its 2020 Annual General Meeting on September 18, 2020, at 9:00 a.m. New York time at its headquarters located at Room B, 15th Floor, No. 77, Section 2, Dunhua South Road, Taipei, 106, Taiwan and (2) the Company has procured a US$6,000,000 secured loan from its majority shareholder, Pacific Electric Wire & Cable Co., Ltd.

    Marathon Patent Group Inc. (NASDAQ: MARA) shares are trading down -0.35% at $2.88 at the time of writing following Bitcoin self-mining company has disclosed a new investor presentation, which contains updated economic information as of November 5, 2020. The company’s 52-week range was noted as $0.35 to $5.25. Analysts have a consensus price target of $8.

    Futu Holdings Limited (FUTU) grew over 10.7% at $47.6 in pre-market trading today after the company publicized its 3rd quarter scores.

    L Brands Inc. (LB), and Apparel Retail company, rose about 16.04% at $39.0 in pre-market trading Thursday as the firm announced upbeat earnings results.

    Agora Inc. (API) stock moved up 2.45 percent to $35.99 in the pre-market trading after the Tech-giant announced its Q3 2020 results.

    ObsEva SA (OBSV) gained over 3.38% at $2.14 in pre-market trading Thursday 19 November 2020 as the biotech-firm declared the positive topline results of PROLONG, the Phase 2a proof-of-concept, randomized, double-blind, placebo-controlled trial of laropiprant in preterm labor.

    Bilibili Inc. (BILI) is up more than 4.49% at $50.0 in pre-market hours Thursday 19 November 2020, after the Corporation revealed its third-quarter 2020 results. The stock had dropped over -4.40% to $47.85 in the last trading session.

    Before the trading started on 19 November 2020, Youdao Inc. (DAO) is up 3.9% to reach $26.13, as it revealed quarterly results for the fiscal third quarter. It has been trading in a 52-week range of $13.20 to $47.70.

    Oragenics Inc. (OGEN) stock plunged -6.27% to $0.4377 in pre-market trading.

    SPI Energy Co. Ltd. (NASDAQ: SPI) shares are trading up 3.51% at $8.25 at the time of writing, as the Energy sector firm announced that its completely-owned SPI Solar, subsidiary completed the sale of a 1.015-megawatt solar project located on Hawaii’s Maui island. The company’s 52-week range was noted as $0.55 to $46.67.

    Gold Fields Limited (GFI) tumbled over -3.19% at $9.42 in pre-market trading today, following the Company revealed operational details for the 3-month period ending September 30, 2020.

    Marin Software Incorporated (MRIN), a Software – Application company, dropped about -3.38% at $2.0 in pre-market trading Thursday.

    X Financial (XYF) stock moved up 99.14 percent to $1.39 in the pre-market trading as the company disclosed that it will hold its 2020 annual general meeting of shareholders at its offices at 7/F, Block A, Aerospace Science and Technology Plaza, No.168 Haide Third Avenue, Nanshan District, Shenzhen, China on December 11, 2020, at 10:00 a.m., Beijing Time.

    Simon Property Group Inc. (SPG) lost over -2.43% at $74.75 in pre-market trading Thursday 19 November 2020 after the news that Simon has valued an upsized public offering of 19,250,000 shares of common stock at a public offering price of $72.50 per share that is expected to close November 23, 2020, subject to the satisfaction of customary closing conditions.

    ZoomInfo Technologies Inc. (ZI) is up more than 2.55% at $40.6 in pre-market hours Thursday 19 November 2020, as the Company revealed its Q3 2020 Earnings results. The stock had dropped over -2.85% to $39.59 in the last trading session.

    Before the trading started on 19 November 2020, Pan American Silver Corp. (PAAS) is down -2.98% to reach $29.98, after the Company Q3 results matched the predictions. It has been trading in a 52-week range of $10.61 to $40.11.

    Leap Therapeutics Inc. (LPTX) stock soared 6.67% to $1.6 in the pre-market trading, as the Company posted Q3 2020 Earnings results. The most recent rating by Piper Sandler, on June 29, 2020, is at an Overweight.

    Hudson Capital Inc. (NASDAQ: HUSN) shares are trading up 33.93% at $3.0 at the time of writing, following news of Hudson Capital Inc. and FreightHub, Inc. progressing further with the planned merger. The company’s 52-week range was noted as $1.60 to $9.80.

    Transocean Ltd. (RIG) grew over 4.07% at $1.28 in pre-market trading today, as the firm reported deep-water Corcovado, deep water Mykonos contract extensions.

    Acasti Pharma Inc. (ACST), a Biotechnology company, rose about 4.55% at $0.23 in pre-market trading Thursday, after the firm revealed Q2, 2021 fiscal results.

    Orbital Energy Group Inc. (OEG) stock moved up 3.56 percent to $0.8 in the pre-market trading, as the company posted Q3, 2020 earnings reports.

    Ideanomics Inc. (IDEX) gained over 10.34% at $1.28 in pre-market trading Thursday 19 November 2020 after the firm announced MEG October & Q4 sales activity.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.04% at $23.05 in pre-market hours Thursday 19 November 2020 after the Analysts decreased its estimates by almost 25%. The stock had jumped over 5.81% to $22.59 in the last trading session.

    Before the trading started on 19 November 2020, Washington Prime Group Inc. (WPG) is down -2.15% to reach $0.742 after the report of the company to present at REITworld 2020 Virtual Investor Conference. It has been trading in a 52-week range of $0.49 to $4.49.

    Kintara Therapeutics Inc. (KTRA) stock soared 1.79% to $1.71 in the pre-market trading, after the company announced Q1, 2021 results and offered a business update.

    Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) shares are trading up 7.53% at $7.43 at the time of writing. The company’s 52-week range was noted as $0.89 to $7.91.

    K12 Inc. (LRN) grew over 6.56% at $25.49 in pre-market trading today.

    Polar Power Inc. (POLA), an Electrical Equipment & Parts company, dropped about -3.35% at $3.46 in pre-market trading Thursday.

    Ayro Inc. (AYRO) stock moved up 3.77 percent to $4.4 in the pre-market trading, after the company revealed its Q3, 2020 fiscal results.

    Jaguar Health Inc. (JAGX) gained over 5.82% at $0.22 in pre-market trading Thursday 19 November 2020, following the announcement of its third-quarter 2020 financial scores.

    Sanchez Midstream Partners LP (SNMP) is down more than 0.0% at $0.5951 in pre-market hours Thursday 19 November 2020. The stock had jumped over 11.03% to $0.60 in the last trading session.

    Before the trading started on 19 November 2020, Waitr Holdings Inc. (WTRH) is up 6.46% to reach $3.38, as the company’s earnings results topped estimates. It has been trading in a 52-week range of $0.26 to $5.85.

    GreenPower Motor Company Inc. (GP) stock plunged -1.07% to $18.49 in the pre-market trading, after the report that Thermalito Union Elementary School District Agrees on purchase of six all-electric school buses from GreenPower. The most recent rating by Maxim Group, on November 02, 2020, is a Buy.

    Arcimoto Inc. (FUV) grew over 0.74% at $9.51 in pre-market trading today, after the company revealed its Q3, 2020 results, and business update.

    Kandi Technologies Group Inc. (KNDI), an Auto Manufacturers company, rose about 11.55% at $12.65 in pre-market trading Thursday, November 19, 2020, after the report that Kandi America’s EV qualified for $2,500 refund in Texas.

    China HGS Real Estate Inc. (HGSH) gained over 11.17% at $1.99 in pre-market trading Thursday 19 November 2020.

    VAALCO Energy Inc. (EGY) is down more than -9.63% at $1.22 in pre-market hours Thursday 19 November 2020, after the company revealed that it has signed a sale and purchase agreement to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. The stock had jumped over 32.35% to $1.35 in the last trading session.

    Before the trading started on 19 November 2020, Kazia Therapeutics Limited (KZIA) is down -7.87% to reach $12.41, as the announcement was made that it has executed a definitive contract with the International Coalition for Adaptive Research (GCAR) to commence Kazia’s participation in the GBM AGILE pivotal study in glioblastoma. It has been trading in a 52-week range of $2.47 to $11.10.

    Naked Brand Group Limited (NAKD) stock soared 39.0% to $0.18 in the pre-market trading.

    Phoenix Tree Holdings Limited (NYSE: DNK) shares are trading down -18.6% at $3.72 at the time of writing. The company’s 52-week range was noted as $1.27 to $13.90.