(VIANEWS) – The NASDAQ ended the session with Weibo (WB) jumping 14.6% to $17.74 on Thursday while NASDAQ rose 1.13% to $11,082.00.

Weibo’s last close was $15.48, 57.6% under its 52-week high of $36.51.

About Weibo

Through its subsidiaries, Weibo Corporation operates as a social platform that allows people to share, discover, and create content in China’s People’s Republic of China. The company operates in two main segments: Advertising and Marketing Services and Value-Added Services. It offers discovery products, self-expression products and social products for users who want to share their content. The company also offers advertising and marketing services, including social display ads; promoted marketing offerings such as Fans Headline, Weibo Express and Fans Headline. It also promotes search products and trends that are displayed alongside users’ search behavior and trends discovery. The company also offers products such as trend, search, live streaming and editing tools, content customization and copyright contents pooling and user interaction development. It also provides search list recommendation and trends list recommendation. Weibo opens advertisements. It also provides traffic support and back-end management. The original name of the company was T.CN Corporation. It changed its name in 2012 to Weibo Corporation. It was established in Beijing, China in 2009. Sina Corporation has a subsidiary called Weibo Corporation.

Earnings per Share

Weibo’s trailing 12 month EPS is $1.38.

PE Ratio

Weibo’s trailing 12-month price-to-earnings ratio is 12.86. The purchaser of the shares is therefore investing $12.86 per dollar in annual earnings.

For the 12 trailing months, the company’s return-on-equity, which is an indicator of the business’ profitability relative to shareholders’ equity, was 7.19%.

Sales Growth

Weibo sales growth was negative 22.4% in the current quarter, and negative 15.9% the following.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 43.3% and a negative 28.9%, respectively.

Yearly Top and Bottom Value

Weibo’s stock is valued at $17.74 at 17:30 EST, way below its 52-week high of $36.51 and way higher than its 52-week low of $10.02.

More news about Weibo (WB).