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1 Comment
58.com Inc is currently in a long term uptrend where the price is trading 0.7% above its 200 day moving average.
From a valuation standpoint, the stock is 79.6% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 3.8.
Based on the above factors, 58.com Inc gets an overall score of 2/5.
CurrencyCode | USD |
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ISIN | US31680Q1040 |
Industry | Internet Content & Information |
Sector | Communication Services |
Exchange | NYSE |
PE Ratio | 6.21 |
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Market Cap | 8B |
Target Price | 60 |
Dividend Yield | 0.0% |
Beta | 1.12 |
58.com Inc. operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the People's Republic of China. The company operates multi-content category online classified platforms primarily under the 58 and Ganji names; Anjuke, an online real estate listing platform; ChinaHR, an online recruitment platform that focuses on white collar jobs; and Jia Xiao Yi Dian Tong, an online platform for driver's license examination preparation and other related services. It also operates Zhuan Zhuan, an online used goods trading and service platform; and 58 Town, a rural version of 58.com. The company's platform offers content in the categories, including real estate, jobs, automotive, yellow pages, and used goods. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the People's Republic of China.
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