First Solar (NASDAQ:FSLR) had its target price lifted by Citigroup Inc. from $63.00 to $87.00 in a research note released on Friday morning, Analyst RN reports. They currently have a buy rating on the stock. First Solar, Inc. (NASDAQ:FSLR) shares after opening at $68.71 on last trade day and at the end of the day closed at $72.77. Company price to sales ratio in past twelve months was calculated as 2.19 and price to cash ratio as 4.10. First Solar, Inc. (NASDAQ:FSLR) showed a positive weekly performance of 2.65%.
Exchange traded funds holding Chinese Internet stocks received some much needed good news Tuesday on speculation Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP), sometimes described as the Priceline (PCLN) of China, is a takeover target. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) shares advanced 10.41% in last trading session and ended the day on $55.48. CTRP return on equity ratio is recorded as 13.20% and its return on assets is 6.50%. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) yearly performance is 159.25%.
TheStreet Ratings rates AngloGold Ashanti Limited (ADR) (NYSE:AU) as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. AngloGold Ashanti Limited (ADR) (NYSE:AU) shares moved up 6.42% in last trading session and was closed at $81.57, while trading in range of $17.78 – $18.60. AngloGold Ashanti Limited (ADR) (NYSE:AU) year to date (YTD) performance is 58.45%.
Online marketplace 58.com Inc (ADR) (NYSE:WUBA) is spiking on Tuesday after Tiger Global Management, run by Chase Coleman, disclosed it has increased its stake to 6.5%, or 2.52 million shares. The firm had previously only held 300,000 shares in the company.58.com Inc (ADR) (NYSE:WUBA) weekly performance is-7.16%. On last trading day company shares ended up $43.45. 58.com Inc (ADR) (NYSE:WUBA) distance from 50-day simple moving average (SMA50) is 1.80%. Analysts mean target price for the company is $49.90.
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