Among the biggest risers on the S&P 500 on Monday January 18 was Facebook Inc. ($FB), popping some 2.33% to a price of $251.36 a share with
some 24.94 million shares trading hands.
Starting the day trading at $247.90, Facebook Inc. reached an intraday high of $253.86 and hit intraday lows of $247.16. Shares gained $5.72 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 2.85 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $137.11 to $304.68.
Facebook is the world’s largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Facebook operates at a 30%-plus margin.
Facebook Inc. has its corporate headquarters located in Menlo Park, CA and employs 56,653 people. Its market cap has now risen to $715.95 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 6.08, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Facebook Inc., check out Stock Valuation Analysis tool for FB.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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