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MarketScreener Homepage  >  Equities  >  Nyse  >  Farfetch Limited    FTCH   KY30744W1070

FARFETCH LIMITED

(FTCH)
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Law Offices of Howard G. Smith Continues its Investigation on Behalf of Farfetch Limited Investors (FTCH)

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08/15/2019 | 01:38pm EDT

Law Offices of Howard G. Smith 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.

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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

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 936 M
EBIT 2019 -331 M
Net income 2019 -389 M
Finance 2019 584 M
Yield 2019 -
P/E ratio 2019 -6,81x
P/E ratio 2020 -8,68x
EV / Sales2019 2,03x
EV / Sales2020 1,43x
Capitalization 2 483 M
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Technical analysis trends FARFETCH LIMITED
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 21,77  $
Last Close Price 8,28  $
Spread / Highest target 347%
Spread / Average Target 163%
Spread / Lowest Target 41,3%
EPS Revisions
Managers
NameTitle
José Manuel Neves Co-Chairman & Chief Executive Officer
Natalie Sara Massenet Co-Chairman
Andrew George Robb Chief Operating Officer
Elliot Gilbert Jordan Chief Financial Officer
Cipriano Sousa Chief Technology Officer
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