Ancestry.com (NASDAQ:ACOM) shares Disappoints on NBC Show Cancel- ACOM, LNKD, SFLY, GOOG, TRIP, AOL, VCLK

Ancestry.com shares dropped around 18% on Monday after US network NBC planned not to restart the firm’s TV show for a fourth season.

Ancestry.com sponsors the American version of the well-liked British series Who Do You Think You Are.

The show, based on the thought of tracing celebrities’ family history from side to side Ancestry.com’s databases, has been careful a major driver of new subscriber additions for the website.

Sector analysis, over all tech sector moved up, Linkedin Corporation (NYSE:LNKD) advanced +3.05%, Shutterfly, Inc. (NASDAQ:SFLY) lost -8.87%, Google Inc (NASDAQ:GOOG) fell -0.20%, Tripadvisor Inc (NASDAQ:TRIP) dropped -0.22%, AOL, Inc. (NYSE:AOL) which increased +0.08% and ValueClick Inc (NASDAQ:VCLK) traded at flat.

Ancestry.com Inc (NASDAQ:ACOM) after opening at $21.67 hit high price of $23.25 and then closed at $22.57 by plunging -13.72% and on last session volume of 4.27 million shares was surprisingly higher than its average volume of 759,372.00 shares.

The stock price volatility was 5.30% for a week and 4.79% for a month as well as price volatility’s Average True Range for 14 days was 1.39.

The liquidity measure in recent quarter results of the company was recorded 0.45 as current ratio and on the other side the debt to equity ratio and long-term debt to equity ratio also remained at flat. The Company had total cash at hand $48.05 million and a book value per share as $7.45 in the most recent quarter.

ACOM generated revenue of 417.17 million in the following twelve months and earned $67.47 million. The Company showed a positive 16.17% in the net profit margin and as well as in its operating margin which remained 24.29%. Company’s annual sales growth for the past five year was 21.56%.

 

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