Hot stock: YuuZoo shares up 8.092 per cent in morning trade
Posted by Trading Advisor on 2:35 PM with 1 comment
SHARES of mainboard-listed Internet stock YuuZoo surged 8.092 per
cent or S$0.014 to S$0.187 as at 10.30am, making it one of the most
actively traded stocks on Monday morning.
It opened 0.1 Singapore cent higher at 1.8 Singapore cents before
hitting a high of 1.89 Singapore cents at about 9.20am. Some 29.1
million shares changed hands.
On Friday, the social networking and e-commerce firm posted a net
profit of US$3.2 million for the first quarter ended March 31, 2015,
reversing a loss of US$1.1 million from a year ago, on the back of a 58
per cent rise in revenue to US$9.6 million, due mainly to high margins
on the sale of franchise licences in Turkey and South Korea
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