58.com (WUBA) Earning Positive Media Coverage, Analysis Shows
Media coverage about 58.com (NYSE:WUBA) has trended positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. 58.com earned a news impact score of 0.26 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 47.5725429048666 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- 58.com Inc (WUBA) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- 58.com Inc. (NYSE:WUBA) – Hot Stock’s Highlights – Nasdaq Journal (nasdaqjournal.com)
- 58.com (WUBA) Raised to “Buy” at Benchmark (americanbankingnews.com)
- News Review: 58.com Inc. (NYSE:WUBA), Unilever NV (NYSE:UN) – The Oracle Examiner (oracleexaminer.com)
- Hot Stock in the Spotlight: 58.com Inc (NYSE: WUBA) – Alpha Beta Stock (alphabetastock.com)
58.com (WUBA) traded up $5.96 during trading hours on Friday, hitting $82.81. The stock had a trading volume of 2,387,979 shares, compared to its average volume of 983,298. 58.com has a 1-year low of $34.55 and a 1-year high of $87.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $12,132.49, a price-to-earnings ratio of 63.21 and a beta of 2.11.
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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.
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