Facebook Inc. (FB) Rises 2.6% for September 04

Equities Staff  |

Among the biggest risers on the S&P 500 on Wednesday September 04 was Facebook Inc. ($FB), popping some 2.6% to a price of $187.14 a share with some 11.2 million shares trading hands.

Starting the day trading at $184.65, Facebook Inc. reached an intraday high of $187.75 and hit intraday lows of $183.89. Shares gained $4.75 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 $123.02 to $208.66.

Facebook is the world's largest online social network, with more than 2 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 desktop. 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 40%-plus margin.

Facebook Inc. has its corporate headquarters located in Menlo Park, CA and employs 39,651 people. Its market cap has now risen to $533.9 billion after today’s trading, its P/E ratio is now 30.9, its P/S 8.39, P/B 6.02, 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of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method.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.

To get more information on Facebook Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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