Facebook, Inc. (NASDAQ:FB) also run on active notice, stock price declined -0.92% after traded at $116.92 in most recent trading session. Facebook Inc.’s (FB) Oculus has purchased The Eye Tribe, a company that tracks eye movement in virtual reality to improve the experience. Oculus confirmed the acquisition of the Copenhagen-based startup, without stating a price. The acquisition was declared earlier Wednesday by TechCrunch.
FB has price to earnings ratio of 45.55 and the price to current year EPS stands at 17.10%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 27.19%. Moving toward ratio analysis, it has current ratio of 11.70 and quick ratio was calculated as 11.70. The debt to equity ratio appeared as 0.00 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 1.17% for a week and 1.80% for a month. The price volatility’s Average True Range for 14 days was 2.10. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 1.80 out of 1-5 scale with week’s performance of -1.03%. FB’s institutional ownership was registered as 70.60%, while insider ownership was 0.20%.
Glu Mobile Inc. (NASDAQ:GLUU) persists its position slightly strong in context of buying side, while shares price plunged -1.01% during latest trading session. On December 19, 2016, Glu Mobile Inc. acquired substantially all of the intangible assets and certain other assets of Plain Vanilla Corp., a Delaware corporation, pursuant to an Asset Purchase Contract by and between Glu and Plain Vanilla. Plain Vanilla, which is based in Reykjavik, Iceland, is the developer of the QuizUp interactive software application for mobile devices.
Narrow down focus to other ratios, the co has current ratio of 3.10 that indicates if GLUU lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 3.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities.