Google Inc (NASDAQ:GOOG), Internet search engine giant, is in front of a new storm over its mapping software as well as services as India’s police on track scrutinizing whether a current contest requesting users to post information on its application violated local laws.
The Survey of India, the federal survey and mapping agency, declared that police in New Delhi started probing Google following it filed a complaint. Police bureaucrats couldn’t be reached for comment.
Google India Pvt. Ltd. reported that it hasn’t got any formal communication on the police search. Google’s operations in India obey with all appropriate laws, reported that spokeswoman Paroma Roy Chowdhury.
Google Inc (NASDAQ:GOOG) stock hit highest price at $786.99, beginning with a price of $786.06 and reported decreased -1.51% to the closed at $783.05 with day range of $776.40-$786.99. The total market capitalization remained $258.14 billion, total volume held in the session was 3.43 million shares surprisingly higher than its average volume of 2.16 million shares.
To check the Stocks ups and downs, GOOG last week stock price volatility remained 1.47% and month was at 1.16%. GOOG generated revenue of 50.18 billion in the following twelve months income of $10.79 billion. The Company showed a positive 21.50% in the net profit margin and in addition to in its operating margin which remained 25.43%. Company’s annual sales growth for the past five year was 24.77%.
The GOOG past twelve months price to sales ratio was 5.14 and price to cash ratio remained 5.37. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Facebook Inc (NASDAQ:FB)’s P/S 12.82% P/C 6.78%, Groupon Inc (NASDAQ:GRPN)’s P/S 1.71% P/C 3.29%, Baidu.com, Inc. (ADR) (NASDAQ:BIDU)’s P/S 8.13% P/C 5.58%, Youku Tudou Inc (ADR) (NYSE:YOKU)’s P/S 11.25% P/C 4.39%.
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