$0.00 EPS Expected for Frederick County Bancorp (MD) (FCBI), Platinum Investment Management LTD Has Increased 58 Com (WUBA) Position By $24.66 Million

June 20, 2017 - By Peter Erickson

Analysts expect Frederick County Bancorp (MD) (OTCMKTS:FCBI) to report $0.00 EPS on July, 21. It closed at $24.15 lastly. It is down 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Platinum Investment Management Ltd increased 58 Com Inc (WUBA) stake by 25.1% reported in 2016Q4 SEC filing. Platinum Investment Management Ltd acquired 913,422 shares as 58 Com Inc (WUBA)’s stock rose 30.73%. The Platinum Investment Management Ltd holds 4.55 million shares with $127.48M value, up from 3.64 million last quarter. 58 Com Inc now has $6.19B valuation. The stock increased 2.58% or $1.06 during the last trading session, reaching $42.08. About shares traded. 58.com Inc (ADR) (NYSE:WUBA) has declined 14.06% since June 20, 2016 and is downtrending. It has underperformed by 30.76% the S&P500.

Frederick County Bancorp, Inc. is the parent firm for its wholly owned subsidiary, Frederick County Bank. The company has market cap of $36.43 million. Frederick County Bank is an independently owned community bank. It has a 27.84 P/E ratio. The Bank provides its clients with various banking services.

Platinum Investment Management Ltd decreased Paypal Hldgs Inc stake by 3.04 million shares to 3.82 million valued at $150.78M in 2016Q4. It also reduced Cirrus Logic Inc (NASDAQ:CRUS) stake by 146,000 shares and now owns 21,000 shares. Ironwood Pharmaceuticals Inc (NASDAQ:IRWD) was reduced too.

Among 14 analysts covering 58.com (NYSE:WUBA), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. 58.com had 19 analyst reports since August 21, 2015 according to SRatingsIntel. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, September 1 report. The stock of 58.com Inc (ADR) (NYSE:WUBA) earned “Hold” rating by HSBC on Tuesday, November 15. The stock has “Neutral” rating by Credit Suisse on Friday, November 11. Brean Capital downgraded 58.com Inc (ADR) (NYSE:WUBA) on Friday, November 11 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, December 15 by HSBC. The stock of 58.com Inc (ADR) (NYSE:WUBA) earned “Buy” rating by Deutsche Bank on Wednesday, October 5. The rating was initiated by Bernstein on Wednesday, January 11 with “Underperform”. TH Capital initiated it with “Buy” rating and $48 target in Wednesday, May 10 report. CLSA downgraded the stock to “Underperform” rating in Friday, November 11 report. The firm earned “Outperform” rating on Friday, May 26 by CLSA.

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