19.01.2017 14:01:00
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Internet Stocks on Investors' Radar -- Baidu, MeetMe, Zillow, and YY Inc.
NEW YORK, January 19, 2017 /PRNewswire/ --
On Wednesday, benchmark US indices were in mixed as the NASDAQ Composite and the S&P 500 closed the trading session up 0.31% and 0.18%, respectively, while the Dow Jones Industrial Average edged 0.11% lower. Nonetheless, US markets made broad based gains with five out of nine sectors finishing the day in green. Pre-market today, Stock-Callers.com reviews these four Internet Information Providers stocks: Baidu Inc. (NASDAQ: BIDU), MeetMe Inc. (NASDAQ: MEET), Zillow Group Inc. (NASDAQ: Z), and YY Inc. (NASDAQ: YY). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Baidu
On Wednesday, shares in Beijing, the People's Republic of China headquartered Baidu Inc. recorded a trading volume of 2.00 million shares. The stock ended the day 0.24% lower at $176.54. Shares of the Company, which provides Internet search services in China and internationally, are trading at a PE ratio of 13.28. Baidu's stock has advanced 6.49% in the last one month, 0.79% in the previous three months, and 6.33% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 5.04% and 2.02%, respectively. Furthermore, Baidu's shares have a Relative Strength Index (RSI) of 60.20.
On January 17th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Free research report on BIDU is available at:
http://stock-callers.com/registration/?symbol=BIDU
MeetMe
On Wednesday, shares in New Hope, Pennsylvania headquartered MeetMe Inc. ended the session 0.39% lower at $5.08 with a total volume of 935,180 shares traded. MeetMe's shares have surged 61.78% in the past one year. Shares of the Company, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, are trading at a PE ratio of 6.38. The stock is trading 0.99% above its 50-day moving average and 1.24% above its 200-day moving average. Moreover, the Company's shares have an RSI of 49.41. The complimentary research report on MEET can be downloaded at:
http://stock-callers.com/registration/?symbol=MEET
Zillow
Seattle, Washington headquartered Zillow Group Inc.'s stock finished Wednesday's session 0.11% higher at $36.55 with a total volume of 954,526 shares traded. Over the last three months and the previous one year, Zillow Group's shares have gained 10.56% and 76.83%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 0.35% and 10.26%, respectively. Shares of Zillow Group, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 48.52.
On January 13th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Visit us today and access our complete research report on Z at:
http://stock-callers.com/registration/?symbol=Z
YY Inc.
Guangzhou, the People's Republic of China headquartered YY Inc.'s stock advanced 2.51%, to close the day at $44.11. The stock recorded a trading volume of 1.51 million shares, which was above its three months average volume of 1.00 million shares. YY Inc.'s shares have gained 8.25% in the last one month. The Company's shares are trading 2.53% above its 50-day moving average. Shares of the Company, which through its subsidiaries, operates an online social platform in the People's Republic of China, are trading at a PE ratio of 13.71. Additionally, the stock has an RSI of 59.58. Get free access to your research report on YY at:
http://stock-callers.com/registration/?symbol=YY
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