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58.com Inc. (WUBA)

NYSE - Nasdaq Real Time Price. Currency in USD
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55.88+0.18 (+0.32%)
At close: 4:00PM EDT
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Bullishpattern detected
Double Moving Average Crossover

Double Moving Average Crossover

Previous Close55.70
Open55.78
Bid0.00 x 800
Ask0.00 x 1800
Day's Range55.59 - 55.92
52 Week Range37.92 - 69.89
Volume8,783,130
Avg. Volume1,748,991
Market Cap8.378B
Beta (5Y Monthly)N/A
PE Ratio (TTM)27.53
EPS (TTM)N/A
Earnings DateNov 16, 2020 - Nov 20, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est60.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-14% Est. Return
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  • 58.com Announces Completion of Merger
    PR Newswire

    58.com Announces Completion of Merger

    58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced the completion of the merger (the "Merger") with Quantum Bloom Company Ltd ("Merger Sub"), a wholly-owned subsidiary of Quantum Bloom Group Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 15, 2020 (the "Merger Agreement"), among the Company, Parent and Merger Sub. As a result of the Merger, the Company became a wholly-owned subsidiary of Parent and will cease to be a publicly traded company.

  • Hedge Funds Have Never Been This Bullish On 58.com Inc (WUBA)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On 58.com Inc (WUBA)

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of June 30th, when the S&P 500 Index was trading around the […]

  • 58.com Announces Shareholders' Approval of Merger Agreement
    PR Newswire

    58.com Announces Shareholders' Approval of Merger Agreement

    58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, the proposal to authorize and approve the execution, delivery and performance of the previously announced agreement and plan of merger, dated as of June 15, 2020 (the "Merger Agreement"), among the Company, Quantum Bloom Group Ltd, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent"), and Quantum Bloom Company Ltd, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), and the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the "Merger"), and to authorize and approve the consummation of any and all transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.