Hot List: LiveDeal Inc (NASDAQ:LIVE), FireEye (NASDAQ:FEYE), 58.com Inc (ADR) (NYSE:WUBA), Trulia (NYSE:TRLA)

Publicly traded company, LiveDeal Inc (NASDAQ:LIVE), has released an Android OS App available in Google Play Store. The App will be used to provide consumers with unique real time data for connecting with merchants in the restaurant business. The OS comes with features that will provide restaurants with the opportunity of creating real-time offers. The App will also connect customers with thousands of restaurant deals forming part of LiveDeal network. LiveDeal Inc (NASDAQ:LIVE), shares after opening at $4.96 moved to $5.04 on last trade day and at the end of the day closed at $4.80. Company price to sales ratio in past twelve months was calculated as 27.14 and price to cash ratio as 130.27. LiveDeal Inc (NASDAQ:LIVE), showed a negative weekly performance of 3.61%.

On April 10, 2014, shares of FireEye Inc (NASDAQ:FEYE), plunged 11.77% to end the session at $49.75. A total of 7.40 million shares changed hands, significantly higher than the 30-day average trading volume of 5.01 million shares. Shares of FireEye fell 38.04% in the last one month, trailing the NASDAQ Composite which declined 6.47% during the same time period. According to TheStreet.com, the recent fall in FireEye’s stock is a result of a combination of a broader market fall, a disappointing secondary offering, and a negative report from a third party software tester. FireEye Inc (NASDAQ:FEYE), shares advanced 5.05% in last trading session and ended the day on $50.57. FireEye Inc (NASDAQ:FEYE), return on equity ratio is recorded as -38.90% and its return on assets is -22.80%.

Stock analysts at Pacific Crest boosted their target price on shares of 58.com Inc (ADR) (NYSE:WUBA), from $41.00 to $58.00 in a report issued on Monday, AnalystRatings.Net reports. The firm currently has an “outperform” rating on the stock. Pacific Crest’s price objective suggests a potential upside of 22.65% from the stock’s previous close. 58.com Inc (ADR) (NYSE:WUBA), shares moved up 7.20% in last trading session and was closed at $46.77, while trading in range of $ 42.59 – 49.05. 58.com Inc (ADR) (NYSE:WUBA), year to date (YTD) performance is 21.99%.

Zacks upgraded shares of Trulia Inc (NYSE:TRLA), from an underperform rating to a neutral rating in a report released on Wednesday, Analyst Ratings Network.com reports. Zackscurrently has $31.80 price objective on the stock. Trulia Inc (NYSE:TRLA), weekly performance is 17.05%. On last trading day company shares ended up $35.91. Trulia Inc (NYSE:TRLA), distance from 50-day simple moving average (SMA50) is 10.67%. Analysts mean target Price for the company is $40.00.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *