Facebook, Inc. (NASDAQ:FB) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.02% to close at $129.88 with the total traded volume of 2.58 Million shares. Facebook Messenger has introduced a new feature called “Conversation Topics”, which is likely to be a conversation topic in itself. As the name suggests, this new feature essentially suggests topics for conversation to the app users.
These topics are recommended to users on the basis of their friends’ recent activities. The feature was first spotted by Twitter user Chris Messina, as pointed out by TechCrunch, on iOS platform. The app shows you the various activities performed by your friends in order to provide you with a topic to talk about. The recommendations reportedly have their own section on the home screen and show you the activities beneath your friends’ names. The firm has institutional ownership of 71.50%, while insider ownership included 0.30%. Its price to sales ratio ended at 16.65. FB attains analyst recommendation of 1.80 with week performance of -0.24%.
SM Energy Firm (NYSE:SM) [Trend Analysis] surged reacts as active mover, shares an advance 3.15% to traded at $40.29 and the percentage gap among open changing to regular change was 1.89%. SM Energy Firm (SM) reported that it has entered into a definitive purchase contract to takeover 35,700 net acres in Howard and Martin Counties in West Texas, expanding the Firm’s Midland Basin footprint to about 82,450 net acres.
The takeoverd acreage complements, and is partially contiguous to, the Firm’s recently closed Howard County acreage acquisition and comprises about 2,400 Boe per day net production. The purchase price is $1.1 billion cash, subject to customary purchase price adjustments, plus 13.4 million shares of SM ordinary stock to be issued to the seller. The seller is QStar LLC, a portfolio firm of EnCap Investments L.P. and a related entity. The firm’s current ratio calculated as 0.90 for the most recent quarter. The firm past twelve months price to sales ratio was 2.91. As far as the returns are concern, the return on equity was recorded as -49.50% and return on investment was -7.30% while its return on asset stayed at -15.40%. The firm has total debt to equity ratio measured as 1.93.