For binary option traders considering to invest in binary Facebook Inc. (NASDAQ:FB), one of most important facts is that the trading volume of the underlying asset is in a constant decrease. This could imply in a further downward move of the share price. The future prices of Facebook’s stock are not very likely to follow an upward trend for now.
FB is the most successful social network in the world, enabling millions to share information. The company was expecting that the IPO of this May, would bring in the astronomical $18 billion. However, with the falling prices for now it looks like this will not happen.
Facebook is in a decreasing trend this year. In May, binary FB was trading at $ 38 per share, while its current price is $ 31.20.
The low demand for FB is not a surprise when the earnings report of the company is analyzed. Q1- 2012, total revenue is $1,058 million, which represents a sequential growth of (6.5%), average unique visitors 160.392 million and sequential growth is (2.69%). On the other hand, for comparisons are Q4- 2011, total revenue $1,131 million, which represents a sequential growth of 18.6%, average unique visitors 164.831 million and sequential growth is 1.44%. While, Q3 – 2011, total revenue $ 954 million, which represents a sequential growth of 6.6%, average unique visitors 162.495 million. This shows that Facebook is registering lower growth rates.
Disclaimer:
The information in this analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.
