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Last $6.79 USD
Change Today -0.09 / -1.31%
Volume 534.3K
GAME On Other Exchanges
Symbol
Exchange
GAME is not on other exchanges.
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

shanda games ltd-spons adr (GAME) Snapshot

Open
$6.86
Previous Close
$6.88
Day High
$6.89
Day Low
$6.79
52 Week High
05/22/15 - $6.97
52 Week Low
02/6/15 - $4.91
Market Cap
1.8B
Average Volume 10 Days
580.1K
EPS TTM
--
Shares Outstanding
221.2M
EX-Date
01/23/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SHANDA GAMES LTD-SPONS ADR (GAME)

shanda games ltd-spons adr (GAME) Related Businessweek News

No Related Businessweek News Found

shanda games ltd-spons adr (GAME) Details

Shanda Games Limited develops, operates, and publishes online games in the People’s Republic of China and internationally. It offers massively multi-player online role-playing games in various genres, including martial arts adventure, fantasy, strategy, and historical events; and advanced casual games. The company also offers mobile games in various versions for a range of mobile devices, including iPhone, iPad, and Android devices. In addition, Shanda Games Limited licenses its online games to third parties. The company develops and sources online game content through various channels, including in-house development, licensing, investment, acquisition, joint development, and joint operations. As of March 31, 2015, it operated 35 massively multi-player online games and 29 mobile games. Shanda Games Limited was founded in 2001 and is headquartered in Shanghai, the People’s Republic of China.

2,546 Employees
Last Reported Date: 04/17/15
Founded in 2001

shanda games ltd-spons adr (GAME) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

shanda games ltd-spons adr (GAME) Key Developments

Towers Watson, Shanda Games, CITIC Bid For Russell Investment

Towers Watson & Co. (NasdaqGS:TW) and Shanda Games Limited (NasdaqGS:GAME) and CITIC Group Corporation are the remaining parties bidding for London Stock Exchange Group plc's (LSE:LSE) Russell Investment Management Company (Russell Investments), in what is expected to be a roughly $1.5 billion deal, Reuters reported late June 10, 2015. Towers Watson is looking to expand in asset management with the acquisition of Russell. LSE declined to comment, City A.M. reported.

Towers Watson, Shanda, CITIC Are Reportedly Vying For Russell Investments

Towers Watson & Co. (NasdaqGS:TW) and Shanda Games Limited (NasdaqGS:GAME) and CITIC Group Corporation are the remaining parties bidding for Russell Investment Management Company, in what is expected to be a roughly $1.5 billion deal, people familiar with the matter said on June 10, 2015. Towers Watson is looking to expand in asset management with the acquisition of Russell, the people said. Shanda Games is interested in entering the financial services business, according to three of the sources. London Stock Exchange Group plc (LSE:LSE), which owns Russell, may view Towers Watson as a more reliable buyer than the Chinese companies, one of the people added, although no agreement for the sale of the business has yet been reached. The sources asked not to be identified because details of the sale process are confidential, reported Reuters. LSE and Towers Watson declined to comment and representatives for CITIC and Shanda did not respond to requests for comment, Reuters reported.

Shanda Games Limited Announces Change of Chief Financial Officer

Shanda Games Limited announced the resignation of Richard Wei as Chief Financial Officer and appointment of Li Yao as new Chief Financial Officer. Mr. Yao has served as the company's director since March 2013. Mr. Yao has served as Shanda Interactive's senior vice president and head of finance since June 2013 and as a director of Actoz since March 2013. Previously, Mr. Yao served as a vice president and the head of finance of Shanda Interactive from November 2007 to June 2013, as a director and the chief financial officer of Actoz from March 2008 to March 2012 and from March 2008 to July 2011, respectively, and as the chief finance officer of Ku6 Media Co. Ltd. from October 2009 to September 2010. Prior to joining Shanda Interactive, Mr. Yao worked at KPMG for over 11 years. Mr. Wei will commence the handover of his job responsibilities to Mr. Yao and complete the transition by July 15, 2015.

 

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GAME Competitors

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Industry Analysis

GAME

Industry Average

Valuation GAME Industry Range
Price/Earnings 11.0x
Price/Sales 3.0x
Price/Book 7.0x
Price/Cash Flow 10.9x
TEV/Sales 2.5x
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