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E Commerce China Dangdang Inc (NASDAQ:DANG) announced its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.04, AnalystRatingsNetwork.com reports. The company had revenue of $316.10 million for the quarter, compared to the consensus estimate of $314.28 million.

DANG has been the subject of a number of recent research reports. Analysts at T.H. Capital upgraded shares of E Commerce China Dangdang Inc to a “buy” rating in a research note on Thursday, August 7th. They now have a $17.00 price target on the stock. On the ratings front, analysts at TH Capital upgraded shares of E Commerce China Dangdang Inc from a “hold” rating to a “buy” rating in a research note on Thursday, August 7th. They now have a $17.00 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of E Commerce China Dangdang Inc in a research note on Thursday, July 24th. They set a “buy” rating and a $15.16 price target on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $12.87.

E Commerce China Dangdang Inc (NASDAQ:DANG) opened at 16.17 on Thursday. E Commerce China Dangdang Inc has a one year low of $7.68 and a one year high of $19.05. The stock has a 50-day moving average of $13.45 and a 200-day moving average of $12.35. The company’s market cap is $1.304 billion.

E-Commerce China Dangdang Inc (NASDAQ:DANG) is a holding company.

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