Following previous ticker characteristics, Alphabet Inc. (NASDAQ:GOOGL) also run on active notice, stock price slightly down -0.29% after traded at $791.30 in most recent trading session.
Google (GOOGL) reported that it is introducing a nifty feature for all Nexus users to help them save precious data. The firm is releasing a feature called Wi-Fi Assistant that will enable users to connect to open and free Wi-Fi networks in their area automatically.The Wi-Fi Assistant feature will be made available to Nexus users in United States, Canada, Mexico, UK, and Nordic countries only. Also, only those Nexus smartphones that are running on Android 5.1 Lollipop will see this feature.
The Wi-Fi Assistant feature was earlier exclusive to Project Fi-enabled devices earlier, but Google has now made it available to all Nexus users. Google unveiled Project Fi mobile telephone network in April last year in a bid to curb use of expensive roaming data and keep phone bills low. After ten months of testing, it opened the service up for all users in March this year, and launched in partnerships with Sprint and T-Mobile. Just last month, it also announced a partnership with telecom giant Three. Project Fi is active only on Nexus 6P, Nexus 6 and Nexus 5X smartphones.
GOOGL has price to earnings ratio of 30.17 and the price to current year EPS stands at 15.20%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 18.71%. Moving toward ratio analysis, it has current ratio of 5.40. The debt to equity ratio appeared as 0.03 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 0.71% for a week and 1.01% for a month. The price volatility’s Average True Range for 14 days was 8.47. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 1.70 out of 1-5 scale with week’s performance of -1.47%. GOOGL’s institutional ownership was registered as 81.50%, while insider ownership was 0.10%.
MeetMe, Inc. (NASDAQ:MEET) persists its position slightly strong in context of buying side, while shares price rose 1.57% during latest trading session.
Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. MEET holds price to earnings ratio of 7.52 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. With reference to all theories, earning yield also gives right direction to lure investment.
Narrow down focus to other ratios, the co has current ratio of 5.60 that indicates if MEET 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 5.60, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.01, sometimes its remain same with long term debt to equity ratio.