eBay Inc. (NASDAQ:EBAY) [Trend Analysis] plunged reacts as active mover, shares a loss -0.93% to traded at $29.99 and the percentage gap between open changing to regular change was 0.10%. eBay Inc. (EBAY) reported that for Q1 2017, the company expects net revenue between $2.17 billion and $2.21 billion, representing FX-Neutral growth of 4% – 6%, with non-GAAP earnings per share from continuing operations in the range of $0.46 – $0.48 and GAAP earnings per share from continuing operations in the range of $0.25 – $0.40.
For full year 2017, the company expects net revenue between $9.3 billion and $9.5 billion, representing FX-Neutral growth of 6% – 8%, with non-GAAP earnings per share from continuing operations in the range of $1.98 – $2.03 and GAAP earnings per share from continuing operations in the range of $1.20 – $1.40. eBay Inc. delivered gross merchandise volume (GMV) for the quarter ended December 31, 2016 of $22.3 billion, increasing 5% on a foreign exchange (FX) neutral basis and 2% on an as-declared basis. Revenue for the quarter was $2.4 billion, up 6% on an FX-Neutral basis and 3% on an as-declared basis. In the fourth quarter, eBay added two million active buyers across its platforms, for a total of 167 million global active buyers. The firm’s current ratio calculated as 2.60 for the most recent quarter. The firm past twelve months price to sales ratio was 3.77 and price to cash ratio remained 4.19. As far as the returns are concern, the return on equity was recorded as 27.60% and return on investment was 13.00% while its return on asset stayed at 9.30%. The firm has total debt to equity ratio measured as 1.32.
Long Island Iced Tea Corp. (NASDAQ:LTEA) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.20% to close at $4.10 with the total traded volume of 15259 shares. Long Island Iced Tea Corp. (NASDAQ:LTEA) declared the signing of subscription contracts for a public offering of 345,090 shares of its common stock at an average public offering price of approximately $4.02 per share. Alexander Capital, L.P. is acting as the placement agent for the offering on a “best efforts” basis. The offering is subject to customary closing conditions and is expected to close on January 30, 2017.
The offering is being made pursuant to an effective shelf registration statement on Form S-3 previously filed with and subsequently declared effective by the Securities and Exchange Commission. These securities may be offered only by means of a prospectus supplement. A preliminary prospectus supplement relating to the offering is being filed with the Securities and Exchange Commission. The firm has institutional ownership of 0.40%, while insider ownership included 0.90%. Its price to sales ratio ended at 8.13.