MeetMe (NASDAQ:MEET) was upgraded by analysts at the Street from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, American Banking News.com reports. The analysts wrote, “MeetMe (AMEX:MEET) has been upgraded by The Street Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.” MeetMe Inc. (NYSEMKT:MEET) shares after opening at $3.51 moved to $3.73 on last trade day and at the end of the day closed at $3.62. Company price to sales ratio in past twelve months was calculated as 3.55 and price to cash ratio as 15.90. MeetMe Inc. (NYSEMKT:MEET) showed a negative weekly performance of -6.94%.
LiveDeal Inc. (NASDAQ:LIVE) a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, today announced that the Company has expanded its restaurant procurement team to ramp-up expansion and rapidly establish livedeal.com in the top 20 cities in the US. LiveDeal Inc. (NASDAQ:LIVE) shares advanced 7.35% in last trading session and ended the day on $7.45. LIVE return on equity ratio is recorded as -205.00% and its return on assets is -159.00%. LiveDeal Inc. (NASDAQ:LIVE) yearly performance is 609.52%.
ChinaNet Online Holdings Inc. (NASDAQ:CNET) Awarded 1st Runner-Up in the Second International Youth Innovation Games. Chinanet Online Holdings Inc. (NASDAQ:CNET) shares moved up 1.20% in last trading session and was closed at $1.77, while trading in range of $1.67 – $1.88. Chinanet Online Holdings Inc. (NASDAQ:CNET) year to date (YTD) performance is 110.71%.
Mediabistro Inc. (NASDAQ:MBIS) yesterday reported results for the fourth quarter and full year ended December 31, 2013.Mediabistro Inc. (NASDAQ:MBIS) weekly performance is 13.10%. On last trading day company shares ended up $2.59. Mediabistro Inc. (NASDAQ:MBIS) distance from 50-day simple moving average (SMA50) is -1.55%. Analysts mean target price for the company is $1.30.