58.com (WUBA) Receiving Positive Media Coverage, Accern Reports

News headlines about 58.com (NYSE:WUBA) have trended positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 58.com earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 46.2529468743636 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of equities analysts have recently issued reports on the stock. TheStreet lowered shares of 58.com from a “b-” rating to a “c+” rating in a research report on Friday, December 22nd. Zacks Investment Research upgraded shares of 58.com from a “hold” rating to a “buy” rating and set a $81.00 target price on the stock in a research report on Thursday, November 16th. Finally, BidaskClub lowered shares of 58.com from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $55.50.

Shares of 58.com (NYSE WUBA) traded up $1.34 on Wednesday, hitting $81.33. 734,928 shares of the stock were exchanged, compared to its average volume of 1,173,018. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $11,840.00, a price-to-earnings ratio of 104.27 and a beta of 2.15. 58.com has a twelve month low of $27.58 and a twelve month high of $85.04.

58.com (NYSE:WUBA) last announced its earnings results on Sunday, November 12th. The information services provider reported $0.36 earnings per share (EPS) for the quarter. 58.com had a net margin of 7.93% and a return on equity of 4.08%. analysts expect that 58.com will post 1.03 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “58.com (WUBA) Receiving Positive Media Coverage, Accern Reports” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/3143219/58-com-wuba-receiving-positive-media-coverage-accern-reports.html.

58.com Company Profile

58.com Inc is a holding company. The Company’s business consists of its online classifieds and listing platforms. Its online classifieds and listings platforms enable local merchants and consumers to connect, share information and conduct business in China. These platforms include 58, Ganji and Anjuke.

Insider Buying and Selling by Quarter for 58.com (NYSE:WUBA)

Receive News & Ratings for 58.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 58.com and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.