E-Commerce China Dangdang Inc. (NYSE:DANG) [Trend Analysis] regains street interests, as shares moved up +0.94% on Tuesday and it traded at $5.4. The 52-week high of the share price is -53.57% and 52-week low of the share price is 0.56%. E-Commerce China Dangdang Inc. (DANG) declared that it has got a non-binding proposal, dated May 17, 2016, from Ms. Peggy Yu Yu, Chairwoman of the Board, as well as Mr. Guoqing Li, Chief Executive Officer and director of the Company to acquire all of the outstanding shares of the Company not already owned by the Buyer Group at US$6.50 per American depositary share or US$1.30 per common share in cash, subject to certain conditions.
The special committee of the Board , formed to consider the original proposal by the Buyer Group, dated July 9, 2015, is evaluating this revised proposal with the assistance of its financial and legal advisors. The Special Committee cautions the Firm’s shareholders and others considering trading in the Firm’s securities that no decision has been made by the Special Committee or the Board with respect to the revised proposal.
When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at -255.70%. Investors looking further ahead will note that the Price to next year’s EPS is 257.60%.
Noting a main crunch of analyst research by WSJ, DANG under observation of quarterly per share earnings, it has second quarter 2016 trend of $0.16, while in next quarter estimated EPS trend is $0.18 and for annual basis for 2016 estimated EPS is $0.73.
Relatively pool of WSJ analyst issues diverse rating, as for current level it has 1 experts rated as “BUY” security, 3 analyst recommend as “Overweight,” and 4 experts rated as “Hold”.
As for as concerns shares volumes, in share capital E-Commerce China Dangdang Inc. (NYSE:DANG) has 82.30 million outstanding shares among them 54.97 million shares have been floated in market exchange. The firm’s institutional ownership remained 29.60% while insider ownership included 0.44%.
The stock showed weekly upbeat performance of -5.99%, which maintained for the month at -28.42%. Likewise the positive performance for the quarter recorded as -18.47% and for the year was -42.15%, while the YTD performance remained at -25.73%.