Ownership Don’t Lie: You On Demand Holdings Inc (NASDAQ:WCST) Q2 2016 Sentiment Report

November 21, 2016 - By Vivian Park   ·   0 Comments

Ownership Don't Lie: You On Demand Holdings Inc (NASDAQ:WCST)  Q2 2016 Sentiment Report

Sentiment for You On Demand Holdings Inc (NASDAQ:WCST)

You On Demand Holdings Inc (NASDAQ:WCST) institutional sentiment decreased to 0.2 in 2016 Q2. Its down -0.40, from 0.6 in 2016Q1. The ratio has dropped, as 3 active investment managers increased and opened new positions, while 5 sold and trimmed stock positions in You On Demand Holdings Inc. The active investment managers in our partner’s database now have: 1.30 million shares, up from 1.27 million shares in 2016Q1. Also, the number of active investment managers holding You On Demand Holdings Inc in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 3 Reduced: 2 Increased: 3 New Position: 0.

Wecast Network, Inc., formerly YOU On Demand Holdings, Inc., is a content video on demand service well-known provider with activities in the People’s Republic of China. The company has a market cap of $56.82 million. The Company, through its subsidiaries and variable interest entity, provides content and integrated value-added service solutions for the delivery of VOD and paid video programming to digital cable providers, Internet Protocol Television (IPTV) providers, over-the-top (OTT) streaming providers, mobile manufacturers and operators, as well as direct customers. It currently has negative earnings. The Firm operates through video content and media segment.

The stock decreased 1.46% or $0.02 on November 18, hitting $1.35. Wecast Network Inc (NASDAQ:WCST) has declined 24.16% since April 19, 2016 and is downtrending. It has underperformed by 28.02% the S&P500.

According to Zacks Investment Research, “YOU On Demand Holdings, Inc. is a national Pay-Per-View and Video On Demand platform in China. The Company focuses on offering movies to customers across China through its near video on demand, video on demand and subscription video on demand services. It also offers cable and wireless broadband services, principally Internet services, Internet Protocol Point wholesale services, related network equipment rental and sales and fiber network maintenance. YOU On Demand Holdings, Inc. is headquartered in New York.”

WCST Company Profile

YOU On Demand Holdings, Inc. (YOU On Demand), incorporated on October 19, 2004, is a content video on demand (VOD) service well-known provider with main activities in the People’s Republic of China. The Company, through its subsidiaries and variable interest entity, provides content and integrated value-added service solutions for the delivery of VOD and paid video programming to digital cable providers, Internet Protocol Television (IPTV) providers, over-the-top (OTT) streaming providers, mobile manufacturers and operators, as well as direct customers. The Firm operates through video content and media segment.

More important recent Wecast Network Inc (NASDAQ:WCST) news were published by: Prnewswire.com which released: “Wecast Network (formerly YOU On Demand) Announces Q3 2016 Results” on November 14, 2016, also Marketwatch.com published article titled: “Wecast Network Inc.”, Seekingalpha.com published: “You On Demand buying control of M.Y. Products, rebranding as WeCast Networks” on September 19, 2016. More interesting news about Wecast Network Inc (NASDAQ:WCST) was released by: Sacbee.com and their article: “Weekly Summary Corporate dividends, name changes, new listings” with publication date: November 18, 2016.

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By Vivian Park


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