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MarketScreener Homepage  >  Equities  >  Nyse  >  Farfetch Ltd    FTCH   KY30744W1070

FARFETCH LTD

(FTCH)
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Glancy Prongay & Murray LLP : Continues Its Investigation on Behalf of Farfetch Limited Investors

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08/16/2019 | 08:01am EDT

Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of Farfetch Limited (“Farfetch” or the “Company”) (NYSE: FTCH) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On August 8, 2019, Farfetch reported a larger-than-expected loss of $89.6 million for second quarter 2019. The Company also announced the $675 million acquisition of New Guards Group and that its Chief Operating Officer had resigned.

On this news, the Company’s share price fell $8.12, over 44%, to close at $10.13 on August 9, 2019, thereby injuring investors.

If you purchased Farfetch securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2019
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Financials (USD)
Sales 2019 935 M
EBIT 2019 -316 M
Net income 2019 -366 M
Finance 2019 584 M
Yield 2019 -
P/E ratio 2019 -8,97x
P/E ratio 2020 -11,9x
EV / Sales2019 2,66x
EV / Sales2020 1,83x
Capitalization 3 068 M
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Technical analysis trends FARFETCH LTD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 22,50  $
Last Close Price 10,23  $
Spread / Highest target 262%
Spread / Average Target 120%
Spread / Lowest Target 14,4%
EPS Revisions
Managers
NameTitle
José Manuel Ferreira Neves Co-Chairman & Chief Executive Officer
Natalie Sara Massenet Co-Chairman
Andrew Robb Chief Operating Officer
Elliot Gilbert Jordan Chief Financial Officer
Frédéric Court Non-Executive Director
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