|Bid||72.57 x 1000|
|Ask||72.58 x 1000|
|Day's Range||71.13 - 72.59|
|52 Week Range||50.30 - 89.90|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||35.76|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The latest earnings release 58.com Inc.'s (NYSE:WUBA) announced in December 2018 showed that the company gained from a sizeable tailwind, eventuat...
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Why JD.com Popped ~10% TodayJD.com This morning, Chinese e-commerce giant JD.com (JD) was trading on a strong bullish note. Earlier today, the company’s ADS (American depository share) posted a high of $28.52 for the day, up about 9.8% from
Why HUYA Stock Is SoaringHUYA Over the last couple of months, reports about a slowdown in the Chinese economy have made investors nervous. Trade tensions between the United States and China have taken a toll on investor sentiments, too. But not all
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
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 […]
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...
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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 ...