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 79.57% while the stochastic %D for the same period stands at 79.45%.
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”.
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 and after going up 2.61% closed at $68.86. The stock gained 1.86 points in the last trade.
58.com Inc. (NYSE:WUBA)’s stock fluctuated in the range of $66.67 and $69.25 during the previous active session. 58.com Inc. (NYSE:WUBA) traded with the volume of 1.24 Million with average volume of 1.46 Million. The stock has LOW 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 1.86 and 58.83 respectively.
Currently the Insider Ownership of the shares of 58.com Inc. (NYSE:WUBA) is at 4.93% and the shares outstanding are 141.87 Million.
Important Ratio Analysis
Some important ratios to consider here for 58.com Inc. (NYSE:WUBA) are discussed below:
Price to Earnings P/E ratio stands at 370.22 while Forward P/E shows the value of 32.85.
The Price to Sale P/S and Price to Book P/B shows the value of 7.44 and 3.58 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 17.39 and 0 correspondingly.
The Quick Ratio of 58.com Inc. (NYSE:WUBA) stands at 1 while the Current Ratio depicts the value of 1.
Stock Performance Analysis
The stock performance of 58.com Inc. (NYSE:WUBA) on the basis of 5 day trade show the jump of 0.83% whereas, the monthly performance of the stock shows increase of 5.4%.
The quarterly performance of the stock remained in green zone with the value of 29.44% while six month performance of the shares of 58.com Inc. (NYSE:WUBA) remained bullish with the count of 61.04%.
The yearly and YTD performance of 58.com Inc. (NYSE:WUBA) remained up at 106.48% and 145.93% respectively.