Baidu Inc. (ADR) (NASDAQ:BIDU) on June 12 announced that its free Android antivirus app Baidu Mobile Security has received certification from the IT security institute AV-TEST, earning top marks in all testing criteria among 30 Android security apps worldwide. Baidu Inc. (ADR) (NASDAQ:BIDU) net profit margin is 30.60% and weekly performance is 1.18%. On last trading day company shares ended up $178.22. Analysts mean target price for the company is $1301.38. Baidu Inc. (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is 10.96%.
Chinese microblogging company Weibo Corp (ADR) (NASDAQ:WB) has likewise been a volatile stock, and it continues to experience wild swings in the wake of its IPO in April. Weibo Corp (ADR) (NASDAQ:WB) shares advanced 7.72% in last trading session and ended the day on $20.80. WB gross Margin is 68.20% and its return on assets is -38.40%.
In a conversation with Christine Tan of CNBC, the Chairman and Chief Executive Officer of SINA Corp (NASDAQ:SINA), Charles Chao, on 13 June has discussed the currents plans for his company and the future outlook. Chao stated that if a company wants to make a lot of money it should create a big platform. Therefore SINA plans to spend more energy and money focusing primarily on user growth. SINA Corp (NASDAQ:SINA) shares moved up 2.27% in last trading session and was closed at $46.01, while trading in range of $44.90 – $46.41. SINA Corp (NASDAQ:SINA) year to date (YTD) performance is -45.39%.
Sohu.com Inc. (NASDAQ:SOHU)‘s stock had its “neutral” rating reaffirmed by Zacks in a report issued on Thursday. They currently have a $61.00 target price on the stock. Zacks‘s target price suggests a potential upside of 3.76% from the stock’s previous close. Sohu.com Inc. (NASDAQ:SOHU) ended the last trading day at $59.93. Company weekly volatility is calculated as 3.51% and price to cash ratio as 2.01.Sohu.com Inc. (NASDAQ:SOHU) showed a positive weekly performance of 6.39%.
MeetMe Inc. (NASDAQ:MEET) net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Internet Software & Services industry. The net income increased by 53.3% when compared to the same quarter one year prior, rising from -$7.33 million to -$3.42 million. MeetMe Inc. (NASDAQ:MEET) net profit margin is -16.60% and weekly performance is 4.89%. On last trading day company shares ended up $1.93. Analysts mean target price for the company is $4.75. MeetMe Inc. (NASDAQ:MEET) distance from 50-day simple moving average (SMA50) is -21.12%.