You may have heard about this gaming company, but how many of us actually know much about their revenues and margins? On Thursday, PWRD opened at 11 a.m. Eastern time with a $16 tag. By day's end, PWRD traded at $20. Yesterday, PWRD finished at $25.58, a 60% gain from Thursday's open. With a tiny float of 11.8 million shares, this stock will certainly crash as quickly as it rose. The question is, when?
Perfect World develops three-dimensional online games. Its role-playing games include: Legend of Martial Arts, Zhu Xian, Perfect World and Perfect World II.
Earnings? Yes. The Co earned $5.1 million on more than $11 million in revenues as of Q1. Thursday's IPO and Friday's hot close gives the Co a market cap of $302 million.
Perfect World's SEC filing is pretty cool. It even has art from the Co's games.
No comments:
Post a Comment