NEW YORK, Dec. 15, 2014 /PRNewswire/ -- S&P Capital IQ (MHFI) announced today that it has commenced Factual Stock Report coverage on ADVFN PLC.
ADVFN Plc, owner of Investors Hub, (OTCQX: IHUBY; LSE: AFN) is principally engaged in the development and provision of financial information primarily via the Internet and the development and exploitation of ancillary Internet sites. The company operates a global stocks and shares information website that provides stock prices and tools for all major world markets, indices, forex pairs, futures, options, ETFs and covered warrants. Its website provides streaming charts, real-time quotes, financials, monitor watch lists, news and research and portfolio data.
Investors Hub, a small cap investor community and a wholly-owned subsidiary of ADVFN since 2006, has been online for over 14 years and currently has 493,096 Members who have posted 105,254,156 Messages on 23,629 Boards. Members currently write on average 40,000 new Messages each trading day, according to the company.
Revenues from Investors Hub accounted for about one half of group revenues for fiscal 2014.
As of April 2014, comScore, an internet technology company that measures navigation activity in the digital world, ranked Investorshub #9 by page traffic in Business/Finance, News/Research in North America.
ADVFN covers 80 stock exchanges across the globe. The company provides stock price data from the following exchanges: Athens Indices, Athens Stock Exchange, Australian Stock Exchange, BM&F- Brazilian Commodities, Bombay Stock Exchange, Brazil Bovespa Exchange, Brazilian Indicators, Chicago Mercantile Exchange, COMEX Commodities Exchange, Copenhagen Stock Exchange, Deutsche Boerse Indices, DOW JONES Indices, EURONEXT, Euronext LIFFE, FTSE Indices, Fukuoka Stock Exchange, GTIS Forex, Helsinki Stock Exchange, Hercules Stock Exchange, Hong Kong Stock Exchange, Hong-Kong Futures Exchange, Irish Indices, Irish Stock Exchange, Italian Stock Exchange, Jakarta Stock Exchange (beta), JSE Johannesburg Stock Exchange, Kansas Board of Trade, LIFFE Commodities, LIFFE Equities, LIFFE Interest Rates, London Stock Exchange, MEFF Equities Derivatives, MEFF Financial Derivatives, Mexico, Montreal Derivatives Exchange, NASDAQ Indices, NASDAQ Stock Market, New York Stock Exchange, New York Stock Exchange Indices, NSE India (beta), NYMEX Commodities Exchange, PLUS, OMX Nordic Exchange, Osaka Stock Exchange, OTC BB, Pink Sheets, Russian Trading System, Santiago Stock Exchange, Sapporo Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, Singapore Exchange, Spanish, Standard & Poors Indices, Stockholm Stock Exchange, Swiss Indices, Tokyo Stock Exchange, Toronto Stock Exchange, TSX Venture Exchange, UK Managed Funds, Warsaw Exchange, Warsaw Indices, XETRA (Deutsche Boerse) and American Stock Exchange.
Mobile users can access stock data with the company's iPhone, iPad and Android apps. The company believes that its mobile platforms are important as part of its international strategy as many markets have heavy mobile penetration where Internet access via handsets has pre-empted desktop penetration. ADVFN stated in its fiscal 2014 results that its registered user base continues to grow and is in excess of 3,000,000 (2013: 2,800,000).
The company operates in several countries, principally in the United Kingdom and the United States. ADVFN reported in March 2014 that it was continuing to expand its offering globally, noting that Mexico, Japan and the Philippines continued to make progress.
In September 2006, ADVFN acquired InvestorsHub.com, an online investment community website in the North American market. The company also owns All IPO, an online IPO trading platform.
On August 20, 2014, at the Extraordinary General Meeting of Shareholders, the company announced approval of all its existing issued ordinary shares of 0.01 pounds to be consolidated into ordinary shares of 0.25 pounds each in the capital of the company on the basis of every 25 existing ordinary shares being consolidated into 1 new ordinary share of 0.25 pounds.
On July 24, 2014, the company announced the resignation of Robert Emmet as a director of the company.
On May 8, 2014, the company announced the appointment of Mr. Matthew David Collom as director.
On May 7, 2014, ADVFN announced the launch of its new FOREX app, which it believes is the most advanced on the market for Private Investors, and is available for free download on all iPhone and iPad devices.
On April 7, 2014, the company announced the resignation of Ray Negus as a director.
ADVFN Plc was originally incorporated in 1989 and is based in London, England.
S&P Capital IQ's Factual Stock Report coverage on ADVFN PLC will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit http://www.advfn.com for additional information.
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Currently profiling approximately 400 issuers, S&P Capital IQ (MHFI) Factual Stock Reports increase market awareness of issuers in the investment community with insightful commentary, key statistics, and relevant corporate information. The Reports provide factual research coverage about company fundamentals and business prospects, thereby enabling information on the covered companies to reach a wide spectrum of Buy and Sell-side investors. Updated weekly with the latest pricing, trading volume, and other data, the Reports also capture recent company developments, a financial review, key operating information, industry and peer comparisons, Street Consensus, performance charts, business summary, fundamental data, and timely news stories. Coverage of these reports is underwritten by the issuer, therefore S&P Capital IQ does not offer investment opinions concerning the advisability of investing in these stocks.
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