Facebook Inc (NASDAQ:FB)’s stock price has increased by 144.8% in the one year period from April 2, 2013 to April 1, 2014, it’s worth asking whether this growth is sustainable. Facebook Inc (NASDAQ:FB) shares after opening at $60.46 moved to $62.66 on last trade day and at the end of the day closed at $62.62. Company price to sales ratio in past twelve months was calculated as 20.28 and price to cash ratio as 13.95. Facebook Inc (NASDAQ:FB) showed a negative weekly performance of -3.50%.
Twitter Inc (NYSE:TWTR) has acquired TV analytics specialists Mesagraph and SecondSync to make sure that the platform is preferred by advertisers and broadcasters to promote their shows. More specific details on the terms of the deal have not been revealed, but both the acquired companies will operate from Twitter’s UK office in London. Twitter Inc (NYSE:TWTR) shares advanced 0.66% in last trading session and ended the day on $46.98. TWTR return on equity ratio is recorded as -105.10% and its return on assets is -41.20%.
On March 4, 2014, Renren Inc. (NYSE:RENN), a leading real name social networking Internet platform inChina, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2013 on Tuesday, March 18, 2014, after the close of the U.S. markets. Renren Inc (NYSE:RENN) shares moved up 0.31% in last trading session and was closed at $3.28, while trading in range of $3.26-$3.34. Renren Inc (NYSE:RENN) year to date performance is 7.54%.
Equities researchers at Bank of America started coverage on shares of Yelp (NASDAQ:YELP) in a research report issued on Thursday, AnalystRatingsNetwork.com reports. The firm set a “neutral” rating and a $100.00 price target on the stock. Bank of America’s target price points to a potential upside of 8.91% from the company’s current price. Yelp Inc (NYSE:YELP) weekly performance is %. On last trading day company shares ended up $80.18. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average is -7.13%. Analysts mean target price for the company is $91.55.
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