Yandex NV (YNDX), Russia’s largest search-engine operator, added a Moscow stock listing, broadening its investor base and conforming with the government’s campaign to get local companies to cut dependence on foreign bourses.Yandex NV (NASDAQ:YNDX) shares after opening at $35.07 moved to $35.56 on last trade day and at the end of the day closed at $35.16. Company price to sales ratio in past twelve months was calculated as 9.00 and price to cash ratio as 15.21. Yandex NV (NASDAQ:YNDX) showed a negative weekly performance of -1.12%.
58.com Inc. (WUBA) announced that Chinese internet giant Tencent Holdings Limited (TCYEY) had acquired a 20% stake in the company for around $736 million, valuing shares of the online listings provider at around $40, lower than its listed price of $52.58.com Inc (ADR) (NYSE:WUBA) shares advanced 5.13% in last trading session and ended the day on $54.90. WUBA return on equity ratio is recorded as 50.50% and its return on assets is 8.20%.
Investment analysts at Nomura began coverage on shares ofJD.Com Inc(ADR) (NYSE:JD) in a note issued to investors on Friday. The firm set a “neutral” rating and a $27.00 price target on the stock. Nomura’s price target would suggest a potential upside of 2.39% from the stock’s previous close.JD.Com Inc(ADR) (NASDAQ:JD) shares moved down -1.02% in last trading session and was closed at $28.01, while trading in range of $27.71-$28.50. JD.Com Inc(ADR) (NASDAQ:JD) year to date performance is 34.02%.
Wells Fargo downgraded its rating on shares of VeriSign Inc. (VRSN) Friday morning to “Market Perform” from “Outperform.”Verisign, Inc. (NASDAQ:VRSN) weekly performance is -3.98%. On last trading day company shares ended up $48.76. Verisign, Inc. (NASDAQ:VRSN) distance from 50-day simple moving average is -1.79%. Analysts mean target price for the company is $54.83.
HomeAway, Inc. (NASDAQ:AWAY) is a U.S. based vacation rental service that lets users rent out their second homes. The company has now hit 1 million listings. HomeAway hit 500,000 listings in the second half of 2010, which is more than 5 years after launching, but it took less than a year to double that number. HomeAway, Inc. (NASDAQ:AWAY) shares after opening at $34.73 moved to $35.29 on last trade day and at the end of the day closed at $34.46. Company price to sales ratio in past twelve months was calculated as 8.65 and price to cash ratio as 4.18. HomeAway, Inc. (NASDAQ:AWAY) showed a positive weekly performance of 5.25%.