What does Average Directional Index Predict about 58.com Inc. (NYSE:WUBA)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of 58.com Inc. (NYSE:WUBA) for the period of 9-Day stands at 80.3% while the stochastic %D for the same period stands at 78.43%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of 58.com Inc. (NYSE:WUBA) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for 58.com Inc. (NYSE:WUBA) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently 58.com Inc. (NYSE:WUBA)’s 20-Day Bollinger Band indicates “Hold”.

About Company

58.com Inc. operates online marketplace serving local merchants and consumers in China. It offers housing rental, recruitment, second-hand product, travel, catering, entertainment, and group-buying information. 58.com Inc. is based in Beijing, China.

Previous Day Activity Analysis

On the last trading day, 58.com Inc. (NYSE:WUBA) opened the session at $67.98 and after going up 1.51% closed at $68.47. The stock gained 0.49 points in the last trade.

58.com Inc. (NYSE:WUBA)’s stock fluctuated in the range of $67.23 and $69.47 during the previous active session. 58.com Inc. (NYSE:WUBA) traded with the volume of 1.53 Million with average volume of 1.48 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 2.17 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.89 and 68.13 respectively.

Currently the Insider Ownership of the shares of 58.com Inc. (NYSE:WUBA) is at 4.93% and the shares outstanding are 141 Million.

Important Ratio Analysis

Some important ratios to consider here for 58.com Inc. (NYSE:WUBA) are discussed below:

Dividend yield of 58.com Inc. (NYSE:WUBA) stands at 0% whereas Price to Earnings P/E ratio stands at 364.2 while Forward P/E shows the value of 33.3.

The Price to Sale P/S and Price to Book P/B shows the value of 7.29 and 3.53 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 17.05 and 0 correspondingly.

The Quick Ratio of 58.com Inc. (NYSE:WUBA) stands at 1 while the Current Ratio depicts the value of 1.

Return on Assets ROA of 58.com Inc. (NYSE:WUBA) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of 58.com Inc. (NYSE:WUBA) stand at 0% and 1.8% respectively.

Stock Performance Analysis

The stock performance of 58.com Inc. (NYSE:WUBA) on the basis of 5 day trade show the jump of 6.14% whereas, the monthly performance of the stock shows increase of 1.97%.

The quarterly performance of the stock remained in green zone with the value of 35.58% while six month performance of the shares of 58.com Inc. (NYSE:WUBA) remained bullish with the count of 92.71%.

The yearly and YTD performance of 58.com Inc. (NYSE:WUBA) remained up at 50.09% and 144.54% respectively.