58.com Inc. (NYSE:WUBA) closed its last session at $73. The stock traded within a range of $69.15 and $74.77. The company operates in the Technology sector with a market capitalization of 10.36 Million. Trading volume for 58.com Inc. was 4.53 Million in its previous trading session. Currently, 58.com Inc. (NYSE:WUBA) has an average volume of 1.45 Million.

Company Profile

58.com Inc. operates online marketplace serving local merchants and consumers in China. It offers housing rental, recruitment, second-hand product, travel, catering, entertainment, and group-buying information. 58.com Inc. is based in Beijing, China.

Analyst Views

58.com Inc. (NYSE:WUBA) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

58.com Inc. (NYSE:WUBA) touched its 1-Year High price of $74.77 on 11/13/17 and its 1-Year Low price of $27.58 on 02/06/17.

EPS & Financials

58.com Inc. (NYSE:WUBA) reported its EPS in the last quarter as $0.66/Share beating the analyst estimate of $0.2/Share by a difference of $0.46. This showed a surprise of 230% in the last quarter earnings.

For the current quarter, 10 analysts are projecting a mean EPS of $0.28/share. According to their observations and findings, the stock could provide a high EPS of $0.39/share and a low EPS of $0.15/share.

Analysts believe that the company has the potential to earn average revenue of $388.5 Million for the current quarter. According to their predictions high & low revenue estimates are 399.98 Million and 362.59 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. 58.com Inc. (NYSE:WUBA) has a 20-Day average volume of 1.1 Million. According to today’s trading volume 58.com Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 4.93 Percent and Institutional ownership of 81.7 Percent. The return on assets stands at 0%, Return on Equity currently is 0% and the Return on Investment value is 1.8%.

58.com Inc. (NYSE:WUBA) gross margin percentage stands at 90.6% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 9.39% with a 50-Day Simple Moving Average of 11.27 percent. As of today, the company has a SMA200 (200-day simple moving average) of 50.86 Percent. The Stock has YTD (year to date) performance of 160.71 percent.

The TTM operating margin for the company stands at 0%. The return on invested capital is at 1.8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 50.86%, and has a solid year to date (YTD) performance of 160.71% which means that the stock is constantly adding to its value from the previous fiscal year end price.