Gigamon Inc (NYSE:GIMO) shares slumped 32% after the firm cut its revenue outlook because a large international order fell through. The network data traffic technology company said it expects to have collected revenue of between $31 million and $31.5 million in the quarter ended last month. That’s below the firm’s prior target of $34 million to $35 million, and it misses the consensus analyst estimate of $34.8 million. Gigamon Inc (NYSE:GIMO) shares after opening at $19.95 moved to $20.01 on last trade day and at the end of the day closed at $17.31. Company price to sales ratio in past twelve months was calculated as 3.93 and price to cash ratio as 3.99. Gigamon Inc (NYSE:GIMO) showed anegative weekly performance of -45.08%.
Shares of 58.com Inc. (NYSE:WUBA) rose nearly 15% Tuesday after SEC filings revealed that Tiger Global Investments has increased its stake in the Chinese online classified-ad company.58.com Inc (ADR) (NYSE:WUBA) shares advanced 14.86% in last trading session and ended the day on $43.45. 58.com Inc (ADR) (NYSE:WUBA) return on equity ratio is recorded as 19.20% and its return on assets is -39.80%.
TheStreet Ratings team rates YY INC (ADR) (NASDAQ:YY) as a Hold with a ratings score of C-. YY Inc (ADR) (NASDAQ:YY) shares moved up 7.18% in last trading session and was closed at $69.15 while trading in range of $65.00 – $71.87 – YY Inc (ADR)(NASDAQ:YY) year to date (YTD) performance is 37.53%.
ChinaCache International Holdings Ltd. (ADR) (NASDAQ:CCIH) the leading total solutions provider of Internet content and application delivery services in China, announced that it has filed its annual report on Form 20-F for the year ended December 31, 2013 with the Securities and Exchange Commission (the “SEC”) on April 7, 2014. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) weekly performance is -14.56%. On last trading day company shares ended up $19.42. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) distance from 50-day simple moving average (SMA50) is -5.00%. Analysts mean target price for the company is $30.00.
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