US largest web portal, Yahoo Inc. (NASDAQ:YHOO) shares slumped significantly on Thursday following the revealed that its new chief executive, Marissa Mayer, who moved in over less than a month, was carrying out a major assessment of the firm’s policy.
One strategy under evaluation was to give back considerably all of the after-tax cash returns of the initial share buyback according to a deal Yahoo inked in May with Alibaba Group.
Yahoo had decided to sell back few of its interest to Alibaba, in which the firm had almost 40% interest. The deal also provides Alibaba the right to purchase almost 10% of Yahoo’s left over stake when the Chinese firm moves public.
Its competitors include Google Inc (NASDAQ:GOOG) which has market capitalization of 210.07 billion with 327.03 million outstanding shares and AOL, Inc. (NYSE:AOL) possessing market capitalization of 3.22 billion with 93.97 million outstanding shares.
Other tehnology stocks include Microsoft Corporation (NASDAQ:MSFT) whose market capitalization remained 255.69 billion, Advanced Micro Devices, Inc. (NYSE:AMD) with a market cap. Of 3.09 billion, AT&T Inc. (NYSE:T) having market capitalization of 214.78 billion, Micron Technology, Inc. (NASDAQ:MU) with a market capitalization of 6.93 billion, NVIDIA Corporation (NASDAQ:NVDA) with 9.10 billion and Clearwire Corporation (NASDAQ:CLWR) with market capitalization of 2.36 billion.
Yahoo! Inc. (YHOO) stock in current session held volume of 20.39 million shares as compare to its average volume of 13.76 million shares. The stock after opening at $15.25 hit high price of $15.35 and then trading at $15.16 by plunging 5.26%.
As the revenue measures YHOO generated revenue of 4.98 billion in the following twelve months income of $1.10 billion. The Company showed a positive 9.58% in the net profit margin and in addition to in its operating margin which remained 12.93%. Company’s annual sales growth for the past five year was -4.95%.
The stock showed weekly upbeat performance of 1.65% which was maintained for the month at 1.33%. Likewise the positive performance for the quarter was recorded as 3.69% and for the year was 36.02% while the YTD performance remained at -0.74%.
The Yahoo Inc (NASDAQ:YHOO) past twelve months price to sales ratio was 3.93 and price to cash ratio remained 10.25. As far as the returns are concern, the YHOO return on equity was recorded as 8.73% and increased 3.53% return on investment while its return on asset stayed at 3.24%.
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