Facebook Inc. is a Facebook is the world’s largest online social network, with 2.5 billion monthly active users.
Among the S&P 500’s biggest fallers on Friday January 29 was Facebook Inc. (FB). The stock experienced a 2.52% decline to $258.33 with 30.13 million shares changing hands.
Facebook Inc. started at an opening price of 265.30 and hit a high of $266.56 and a low of $254.85. Ultimately, the stock took a hit and finished the day at $6.67 per share. Facebook Inc. trades an average of n/a shares a day out of a total 2.85 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Facebook Inc. hit a high of $304.68 and a low of $137.11 over the last year.
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.
With its headquarters located in Menlo Park, CA, Facebook Inc. employs 58,604 people. After today’s trading, the company’s market cap has fallen to $735.8 billion, a P/S of n/a, a P/B of 5.73, and a P/FCF of n/a.