Internet radio service, Pandora Media, Inc. (NYSE:P) persists its position slightly strong in context of buying side, while shares price plummeted -2.25% during latest trading session. Pandora Media (P) has now unveiled its rumored on-demand streaming service, dubbed Pandora Premium. This is different from Pandora’s existing Pandora Plus service, which merely removed ads from its online radio service for $5 per month. Premium will cost $10 per month and grant access to a large catalog of music to stream on-demand, and users will be able to save songs for offline playback. There are also no ads for Pandora Premium.
Narrow down focus to other ratios, the co has current ratio of 2.60 that indicates if P 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 2.60, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.56, sometimes its remain same with long term debt to equity ratio.
Following previous ticker characteristics, Sprouts Farmers Market, Inc. (NASDAQ:SFM) also run on active notice, stock price rose 1.38% after traded at $20.60 in most recent trading session.
SFM has price to earnings ratio of 22.91 and the price to current year EPS stands at 18.60%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 12.46%. Moving toward ratio analysis, it has current ratio of 1.20 and quick ratio was calculated as 0.40. The debt to equity ratio appeared as 0.43 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 2.80% for a week and 2.61% for a month. The price volatility’s Average True Range for 14 days was 0.60. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.10 out of 1-5 scale with week’s performance of -1.22%. SFM’s institutional ownership was registered as 94.30%, while insider ownership was 0.10%.