The Five Best and Worst Performing ADRs YTD

Despite the significant rise in the markets from the March lows, not all stocks are up year-to-date (YTD). While many ADR stocks are in positive territory for the year, some are still down heavily. The Five Best and Worst Performing ADRs YTD are listed below.

The Five Best Performing ADRs:

Company: Spreadtrum Communications (SPRD)
Country: China
YTD Change: 396%

Company: Mechel Steel (MTL)
Country: Russia
YTD Change: 334%

Company: KongZhong (KONG)
Country: China
YTD Change: 330%

Company: Aixtron (AIXG)
Country: Germany
YTD Change: 303%

Company: VanceInfo Technologies (VIT)
Country: China
YTD Change: 294%

The Five Worst Performing ADRs:

Company: Mizuho Financial (MFG)
Country: Japan
YTD Change: -29%

Company: LDK Solar (LDK)
Country: China
YTD Change: -38%

Company: The9 (NCTY)
Country: China
YTD Change: -43%

Company: Rostelecom (ROS)
Country: Russia
YTD Change: -48%

Company: Invitel (IHO)
Country: Denmark
YTD Change: -51%

Note: Performance data as of October 5, 2009

Comments

[Graham Jervis:]

I guess the loss of World of Warcraft hurt NCTY. However, they have no debt and their Net current asset valuation is around $10.59. it has current assets of 366 million, shares of only 27 or a current assets/share of $13.55. However, if one takes away its total liabilities of $80MM, then one is left with $10.59. this company should close down and simply distribute everything to shareholders since it is trading at Price to Net current asset of 0.73

Oct 06 04:27 PM