China Finance Online Co. Limited (NASDAQ:JRJC), a technology-driven, and user-focused market leader in China providing vertically integrated financial information and services, yesterday announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2013 with the Securities and Exchange Commission on May 6, 2014. China Finance Online Co. (ADR) (NASDAQ:JRJC) shares after opening at $3.18 moved to $3.22 on last trade day and at the end of the day closed at $2.90. Company price to sales ratio in past twelve months was calculated as 2.05 and price to cash ratio as 2.06. China Finance Online Co. (ADR) (NASDAQ:JRJC) showed a negative weekly performance of -22.04%.
58.com Inc. (ADR) (NYSE:WUBA) announced on 28 march that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company and certain selling shareholders was priced at US$38.00 per ADS. The Company will issue and sell 2,000,000 ADSs and the selling shareholders will sell an aggregate of 4,000,000 ADSs. Each ADS represents two Class A ordinary shares of the Company. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an aggregate of 900,000 additional ADSs. 58.com Inc. (ADR) (NYSE:WUBA) shares fell -3.36% in last trading session and ended the day on $37.97. WUBA return on equity ratio is recorded as -4.20% and its return on assets is 1.80%.
AOL Inc. (NYSE:AOL) stock is tanking Wednesday, a result of a weaker-than-expected first quarter and as shares get caught up in a NASDAQ selloff among technology companies. AOL, Inc. (NYSE:AOL) shares moved down -20.62% in last trading session and was closed at $34.85, while trading in range of $32.31 – $40.01. AOL, Inc. (NYSE:AOL) year to date (YTD) performance is -25.25%.
Daily-deal Company Groupon Inc. (NASDAQ:GRPN) this week reported a 26 percent increase in first-quarter revenue. But the company still experienced a $20 million net loss in operations during the period, due largely to marketing and other costs. Groupon Inc. (NASDAQ:GRPN) weekly performance is -23.75%. On last trading day company shares ended up $5.33. Groupon Inc. (NASDAQ:GRPN) distance from 50-day simple moving average (SMA50) is -31.71%. Analysts mean target price for the company is $11.12.
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