When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
The recent decline in the enterprise value of Telenav (TNAV) is not justified. The company may report less revenue with General Motors installing Google (GOOG) (GOOGL) apps in its vehicles. The market pushed the company's EV/sales ratio down to illogical levels. It's trading below 1x sales with an enterprise value of $170-$180 million. Bear in mind that in fiscal year 2019, revenue was equal to $220 million, and General Motors was only responsible for 18% of the company's revenue.
Business And Customer Concentration
Founded in 1999, Telenav offers wireless location-based services