Tag: NASDAQ:MEET

  • Why these Stocks Rose: United Online (NASDAQ:UNTD), Groupon Inc (NASDAQ:GRPN), MeetMe Inc (NASDAQ:MEET), Earthlink Holdings (NASDAQ:ELNK)

    Shares of United Online (NASDAQ:UNTD) were the target of a large increase in short interest in the month of January. As of March 31st, there was short interest totalling 1,115,636 shares, an increase of 39.1% from the March 14th total of 802,235 shares, American Banking and Market News reports. Based on an average daily trading volume, of 431,658 shares, the days-to-cover ratio is currently 2.6 days. Currently, 8.2% of the company’s shares are short sold. United Online, Inc. (NASDAQ:UNTD) shares after opening at $11.70 moved to $11.98 on last trade day and at the end of the day closed at $11.95. Company price to sales ratio in past twelve months was calculated as 0.72 and price to cash ratio as 2.45. United Online, Inc. (NASDAQ:UNTD) showed a positive weekly performance of 6.79%.

    Groupon Inc. (NASDAQ:GRPN) has launched a new deal that will be an ongoing collection of luxury items, going by the name Elite Deal Series. The deal will feature premium pricing schemes having been launched at a deal of $40 for $20 worth of the company’s bucks. Purchasers will earn $20 buck for buying any deal that amounts to the premium price of $40. Groupon Inc (NASDAQ:GRPN) shares advanced 4.37% in last trading session and ended the day on $7.41. GRPN return on equity ratio is recorded as -12.40% and its return on assets is -4.80%. Groupon Inc (NASDAQ:GRPN) yearly performance is 21.08%.

    Having released two new mobile apps this year in addition to its flagship MeetMe app, the company is planning to release one new app per quarter. MeetMe’s growing roster of applications provides strong upside should one of its experiments gain traction with the public. MeetMe Inc (NASDAQ:MEET) shares moved up 0.34% in last trading session and was closed at $2.94, while trading in range of $2.75-$3.01.MeetMe Inc (NASDAQ:MEET) year to date performance is 60.66%.

    EarthLink Holdings Corp. announced it will host a conference call on Tuesday, May 6, at 8:30 a.m. EST to discuss its first quarter 2014 financial results. Earthlink Holdings Corp (NASDAQ:ELNK) weekly performance is 2.04%. On last trading day company shares ended up $3.50. Earthlink Holdings Corp (NASDAQ:ELNK) distance from 50-day simple moving average is -8.08%. Analysts mean target price for the company is $6.25.