Internet Stocks Under Scanner -- Square, GoDaddy, Renren, and NetEase

NEW YORK, January 12, 2017 /PRNewswire/ --

On Wednesday, January 11, 2017, the NASDAQ Composite ended the trading session at 5,563.65, up 0.21%; the Dow Jones Industrial Average edged 0.50% higher, to finish at 19,954.28; and the S&P 500 closed at 2,275.32, up 0.28%. Gains were broad based as eight out of nine sectors ended the day in positive. This Thursday, Stock-Callers.com has initiated reports coverage on the following Internet Software & Services equities: Square Inc. (NYSE: SQ), GoDaddy Inc. (NYSE: GDDY), Renren Inc. (NYSE: RENN), and NetEase Inc. (NASDAQ: NTES). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Square  

On Wednesday, shares in San Francisco, California headquartered Square Inc. ended the session 0.07% lower at $14.90 with a total volume of 3.95 million shares traded. Square's shares have gained 7.27% in the last one month and 33.27% in the previous three months. Furthermore, the stock has gained 23.24% in the past one year. The stock is trading 13.44% above its 50-day moving average and 27.43% above its 200-day moving average. Moreover, shares of the Company, which develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide, have a Relative Strength Index (RSI) of 69.21.

On January 10^th, 2017, research firm Compass Point reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $14 a share to $19 a share. Sign up and read the free research report on SQ at:

http://stock-callers.com/registration/?symbol=SQ

GoDaddy  

On Wednesday, shares in Scottsdale, Arizona headquartered GoDaddy Inc. recorded a trading volume of 581,574 shares. The stock ended the day 0.17% higher at $35.27. GoDaddy's stock has gained 16.60% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 1.15% and 7.46%, respectively. Furthermore, shares of GoDaddy, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 54.67. The complimentary research report on GDDY can be downloaded at:

http://stock-callers.com/registration/?symbol=GDDY

Renren  

Beijing, the People's Republic of China headquartered Renren Inc.'s stock finished Wednesday's session 0.60% higher at $1.68 with a total volume of 241,798 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages by 5.36% and 20.23%, respectively. Shares of Renren, which operates a social networking Internet platform in the People's Republic of China, have an RSI of 47.43. Register for free on Stock-Callers.com and access the latest report on RENN at:

http://stock-callers.com/registration/?symbol=RENN

NetEase  

Beijing, the People's Republic of China-based NetEase Inc.'s stock edged 0.30% lower, to close the day at $239.27. The stock recorded a trading volume of 664,913 shares. NetEase's shares have gained 7.03% in the previous one month and 51.14% in the past one year. The Company's shares are trading 4.48% and 19.03% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which operates an interactive online community in the People's Republic of China, are trading at a PE ratio of 21.61. Additionally, the stock has an RSI of 63.58.

Yesterday, research firm Bernstein initiated an 'Underperform' rating on the Company's stock, with a target price of $200 per share. Get free access to your research report on NTES at:

http://stock-callers.com/registration/?symbol=NTES

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