Facebook, Inc. Common Stock (NASDAQ:FB) is obviously a company that has been very much in the public eye of late, as discourse has intensified about the company’s practices and methodologies. Hence, for investors, there are a number of interesting and difficult to understand legislative and legal variables involved in analyzing the stock’s future promise.
That said, this has been a high-growth superstar of the technology sector over the last several years, and political difficulties generally tend to favor those with the most money. And for a company with over $42 billion in cash on hand, it’s hopefully not too cynical of us to suggest that this may turn out to be okay.
Facebook, Inc. Common Stock (NASDAQ:FB) bills itself as a company that provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide.
Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.
Facebook, Inc. Common Stock (NASDAQ:FB) also offers Oculus virtual reality technology and content platform, which allows people to enter an immersive and an interactive environment to train, learn, play games, consume content, and connect with others. As of December 31, 2017, it had approximately 1.40 billion daily active users.
Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.
Earning a current market cap value of $454.25B, FB has a significant war chest ($42320M) of cash on the books, which is balanced by about $4670M in total current liabilities. FB is pulling in trailing 12-month revenues of $48497M.
We’ve witnessed -4% stripped out of shares of the company over the past month. What’s more, the name has benefitted from a jump in recent trading volume to the tune of 14% beyond its prior sustained average level.
In addition, the company is seeing major top-line growth, with y/y quarterly revenues growing at 41.9%.