|Bid||26.400 x 800|
|Ask||26.500 x 900|
|Day's Range||25.551 - 26.750|
|52 Week Range||23.100 - 89.800|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||112.00|
Why are the analysts bullish? About 56.0% of the nine analysts covering Etsy (ETSY) stock recommended a “buy” as of September 13. Another 33% of analysts recommended “hold” on the stock, and the remaining 11% analysts rated it as a “sell.” Analysts are bullish for Etsy, as the company’s strategic efforts are heading in a positive direction. There have been two price changes for the stock in the last 30 days.
Medici Ventures, a global leader in blockchain technology, today announced that its portfolio company Bitsy.com has commenced the limited beta launch of a digital wallet service that creates a simple, secure, and convenient bridge between traditional fiat currencies and cryptocurrencies. The initial beta release of the technology will support bitcoin purchases, with additional cryptocurrencies to follow soon. Unlike other wallet providers which do not let users actually hold their coins by using only derivative claims on coins owned by the provider, Bitsy users hold the actual real bitcoins and have complete control over their funds, including the ability to move or spend cryptocurrency.
The key problem is Overstock's legacy online retail business, which continues to bleed badly. There are also swirling questions about its other business lines and strategies, which some investors, such as legendary short seller and trader Marc Cohodes, believe will be worth far more than the current core business (and which are currently not reflected at all in the share price). Warning! GuruFocus has detected 4 Warning Signs with OSTK.
Online retailer creating more than 100 jobs, leasing a 517,000-square-foot facility, according to the Kansas City Area Development Council KANSAS CITY, Kan. , Sept. 13, 2018 /PRNewswire/ -- The Kansas ...
Overstock.com, Inc. (OSTK) announced plans to open a warehouse in Kansas City, Kansas, with distribution from the facility expected to begin in October. “Overstock.com has always focused on finding ways to continually offer our customers the best possible shopping experience, including their delivery and post-delivery needs,” said Carroll Morale, Overstock’s vice president of supply chain. Overstock has leased the full 517,000-sq.-ft. warehouse located at 5300 Kansas Avenue and plans to immediately integrate the new warehouse into its outbound delivery supply chain, including moving top-selling products from its core inventory and strategic partners into the facility.
CEO of e-commerce turned crypto company Overstock is selling 10 percent of his shares but in an unusual open letter Tuesday told shareholders not to worry.
CEO of Overstock.com Inc (NASDAQ:OSTK) Patrick Byrne sold 774,303 shares of OSTK on 09/10/2018 at an average price of $25.83 a share.
The new initiatives adopted by Overstock.com, including disciplined ad spend and a focus on the profitable home goods market, are likely to lead to a shift to profitability in the retail segment, Klee said in a Monday note. "OSTK is considering selling its retail segment, which we estimate could be sold at 1x sales or over twice the current market cap of OSTK, once the company returns to profitability," the analyst said. Maxim forecast losses per share from 2018-2020 before Overstock becomes profitable in 2021 due to contributions from retail and blockchain.
Bitcoin plunged back below the $7,000 on reports Goldman Sachs has abandoned plans to establish a cryptocurrency trading desk.
NEW YORK, NY / ACCESSWIRE / August 28, 2018 / Shares of BJ’s Wholesale Club Holdings was at a 52-week new high yesterday before reversing and dropping almost 7% as traders waited for the company’s second ...
Partnership with GSR Capital and other strategic investors will provide Overstock the capital and market access needed to create a global market for tokenized securities. The structure of the transactions includes consideration consisting of tZERO security tokens, a minority interest in tZERO, and an equity investment in Overstock common shares off the company’s shelf. The term sheets also allow for other investors to participate on the same terms as GSR Capital, and the company is engaged with other potential partners who have expressed interest in participating. Overstock looks forward to closing these transactions in a timely manner, subject to customary closing conditions.
Buy, buy, buy! That’s likely what investors were thinking for Overstock (NASDAQ:OSTK) after the company reported earnings last week. Despite what many considered a mixed report, the market shrugged it off, with Overstock stock not only rallying, but surging.
e-Commerce retailer Overstock’s (OSTK) adjusted second-quarter EPS came in at -$2.14, compared with analysts’ projection of -$0.82. On a reported basis, the company’s EPS was -$2.20, a much wider loss compared than its EPS of -$0.29 reported in the second quarter of 2017.
Overstock (OSTK) reported its second-quarter results on August 9. The company’s revenues of $483.1 million easily topped the analysts’ consensus estimate of $474.2 million and grew 12% on a YoY (year-over-year) basis. The company has increased its advertising spending, which led to a growth in revenues.
On August 9, Overstock (OSTK) announced that Asia-based GSR Capital had agreed to invest ~$375.0 million in the e-commerce giant. GSR Capital would buy 3.1 million Overstock shares at a 5.0% discount to the closing price on August 1 for an ~$104.6 million investment. According to the agreement, GSR Capital expects to infuse ~$270.0 million in tZERO equity.
Hong Kong-based private equity firm GSR Capital recently announced that it will invest $270 million in a blockchain-based startup of Overstock.com (NASDAQ:OSTK) . A press release published by the American internet retailer confirmed that GSR Capital is planning to add around $30 million to its initial amount of investment in the ICO of tZero, a […] The post Hong Kong-based GSR Capital To Invest $270 Million In Blockchain Startup tZero appeared first on Market Exclusive.
After starting off higher on the day, U.S. indices had trouble maintaining altitude throughout the trading session. Worries over Turkey combined with a strong rally over the past six weeks is likely acting as a catalyst for profit taking. Let’s see if there are any opportunities for our top stock trades.Top Stock Trades for Tomorrow #1: Advanced Micro (AMD)
The e-commerce veteran posted some good news of its own, but share prices plunged anyway because of weakness in the cryptocurrency market.
Medici Ventures’ Barbados-based fintech portfolio company Bitt, Inc. announces it has signed a Memorandum of Understanding (MOU) with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to explore the feasibility of the CBCS issuing a digital Curaçao and Sint Maarten guilder to facilitate digital financial payments within the monetary union of Curaçao and Sint Maarten.