Dangdang (DANG) Extends Thursday's Rally

NEW YORK (TheStreet) -- E-Commerce China Dangdang  (DANG) is extending Thursday's rally into Friday's session. A day earlier, the Beijing-based business closed 31.5% higher after reporting better-than-expected quarterly sales and earnings.

By early afternoon Friday, shares had popped 10% to $14.41, adding to an overall 41.7% gain since Monday. 

In the three months to December, the internet retailer reported net income of 4 cents a share. Analysts surveyed by Thomson Reuters had forecast a net loss of 7 cents a share.

DANG Chart DANG data by YCharts

Also See: Dangdang Soars on Stellar Q4 Earnings and Revenue

Also See: Baidu Surge After Q4 Earnings

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings team rates E-COMMERCE CH DANGDANG -ADR as a Sell with a ratings score of D. The team has this to say about their recommendation:

"We rate E-COMMERCE CH DANGDANG -ADR (DANG) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been poor profit margins."

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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