On April 21, 2014 MeetMe, Inc. (NASDAQ:MEET), the public market leader for social discovery, announced the completion of its rollout of real-time chat on Android. The company has experienced gains in certain engagement data following the recent launch.. MeetMe Inc (NASDAQ:MEET) shares after opening at $2.62 moved to $2.75 on last trade day and at the end of the day closed at $2.65. Company price to sales ratio in past twelve months was calculated as 2.53 and price to cash ratio as 16.24. MeetMe Inc (NASDAQ:MEET) showed a negative weekly performance of -12.83%.
Shares of Yelp (NASDAQ:YELP) have been given a consensus rating of “Buy” by the thirty-three ratings firms that are currently covering the company. Ten investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $88.30. Yelp Inc (NYSE:YELP) shares fell -3.61% in last trading session and ended the day on $55.55. YELP return on equity ratio is recorded as -3.90% and its return on assets is -3.60%. Yelp Inc (NYSE:YELP) yearly performance is 118.27%.
Deutsche Bank reissued their buy rating on shares of Yandex NV (NASDAQ:YNDX) in a research report released on Friday morning. Deutsche Bank currently has a $33.00 price objective on the stock. Yandex NV (YNDX) shares moved up 0.04% in last trading session and was closed at $24.01, while trading in range of $23.11-$24.49. Yandex NV (NASDAQ:YNDX) year to date performance is -44.36%.
The Weibo Corp (ADR) (NASDAQ:WB) had initially set the IPO price in the $17-19 range, but the stock ominously started trading lower than the bottom of the range at about $16.4. The company ended up selling 6.8 million shares for $286 million, thus pegging the company’s value at $4 billion. Weibo Corp (ADR) (NASDAQ:WB) weekly performance is -22.56%. On last trading day company shares ended up $17.51. Weibo Corp (ADR) (NASDAQ:WB) distance from 50-day simple moving average is -17.31%. Analysts mean target price for the company is $25.00.
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