|Bid||0.00 x 3200|
|Ask||0.00 x 800|
|Day's Range||58.25 - 60.10|
|52 Week Range||50.30 - 89.90|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||29.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Since 58.com Inc. (NYSE:WUBA) released its earnings in September 2018, analysts seem cautiously optimistic, with earnings expected to grow by 30% in the upcoming year, though this is evidently lower Read More...
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
President Donald Trump and China’s President Xi Jinping are expected to meet at the G-20 this weekend. Here’s what you need to know.
58.com, the Craigslist of China, is making a massive push to pick up rural users as it hedges China's economic uncertainties. The classifieds giant said in Thursday's earnings call that it added more than 100 million new users in 2018 for 58 Town, its app aimed at the new wave of internet users outside China’s megacities. Continued growth in the less developed regions, the firm believes, will act as a buffer against China's economic uncertainties. “Despite an uncertain macroeconomic environment, the China market remains massive and we continue to see enormous opportunities in lower-tier cities and towns where product innovation and technological advances are driving offline-to-online user conversion and substantially improving the services we can offer,” said the firm's chief executive officer and chairman Michael Yao.
I’ve been keeping an eye on 58com Inc (NYSE:WUBA) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe WUBA Read More...
I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples from Read More...
Sometimes, a great stock forms a cup base without a handle. What are the signs that such a pattern will still succeed? Consider Gen-Probe, a top biotech play in 2003.
In this article I am going to calculate the intrinsic value of 58com Inc (NYSE:WUBA) by projecting its future cash flows and then discounting them to today’s value. I willRead More...
It’s safe to say that China tech stocks are back, and that e-commerce and cloud giant Alibaba (NYSE:BABA) is leading the charge. Alibaba just reported really strong first quarter numbers that beat top and bottom line expectations, and comprised a stunning 60%-plus revenue growth rate. Alibaba stock is struggling for gains after that report, but the stock is up 4% over the past several days.
China tech giant Momo (NASDAQ:MOMO) reported stellar second-quarter numbers Wednesday, and MOMO stock rallied big in response. As of this writing, MOMO stock is up more than 7%. This could be a big turning point not just for MOMO stock, but for all China tech stocks, too.
A key is that the US and China have agreed to resume negotiations on trade. The company operates the largest online marketplace for local merchants and consumers in China, in terms of MAUs (Monthly Active Users). On the heels of the latest earnings report, WUBA stock spiked 11% to $65.22 million.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between company’s fundamentals and stock marketRead More...
58.com (NYSE: WUBA ) announces its next round of earnings this Thursday. Here's Benzinga's advanced look at 58.com's Q2 earnings report. Earnings and Revenue 58.com earnings will be near 68 cents per share ...
Today we’re going to take a look at the well-established 58com Inc (NYSE:WUBA). The company’s stock received a lot of attention from a substantial price movement on the NYSE overRead More...
ChemoCentryx, 58.com, Seagate, Garmin and Texas Instruments as Zacks Bull and Bear of the Day