WEBTOON Entertainment WBTN
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
WEBTOON Entertainment (WBTN) Business Model and Operations Summary
WEBTOON Entertainment Inc. operates a storytelling platform worldwide. The company's platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories. The company was founded in 2014 and is headquartered in Los Angeles, California. WEBTOON Entertainment Inc. operates as a subsidiary of NAVER Corporation.
Key Insights
WEBTOON Entertainment (WBTN) Stock Information & Key Business Metrics
Market Cap
$1.58 BillionAverage Daily Volume
346,582 Shares52-Week Range
$6.75-$22.47Free Cash Flow
$5.00 MillionTotal Outstanding Shares
135.23 Million SharesFree Float
17.89 Million Shares (13.4% Outstanding)CEO
Junkoo KimTotal Employees
1,800Current Dividend
No dividendIPO Date
June 27, 2024Headquarters
5700 Wilshire Blvd, Suite 220, Los Angeles, CA, 90036