NEW YORK, October 17, 2016 /PRNewswire/ --
Internet Information Providers are engaged in content creation and information dissemination. Companies in this category offer dividend yields that are much higher than average when compared with the wider market. Today, Stock-Callers.com takes a closer look at the recent performances of the following stocks: YY Inc. (NASDAQ: YY), 58.com Inc. (NYSE: WUBA), Weibo Corp. (NASDAQ: WB), and Alphabet Inc. (NASDAQ: GOOGL). You can access of our complimentary research reports on these stocks now at:
Guangzhou, the People's Republic of China headquartered YY Inc.'s stock finished last Friday's session 1.97% higher at $53.35. A total volume of 2.40 million shares was traded, which was above their three months average volume of 1.62 million shares. The Company's shares have gained 35.30% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.77% and 4.94%, respectively. Additionally, shares of YY Inc., which through its subsidiaries, operates an online social platform in the People's Republic of China, have a Relative Strength Index (RSI) of 50.27.
On October 11th, 2016, YY Inc. announced that it will hold its 2016 annual general meeting of shareholders on November 28th, 2016 at 2:00 p.m. (Hong Kong time). The company's holders of common shares whose names are on the register of company's members at the close of business on October 19th, 2016, are entitled to receive notice of the annual general meeting or any adjournment or postponement thereof. Visit us today and download your complete report on YY for free at:
On Friday, shares in Beijing, the People's Republic of China headquartered 58.com Inc. ended the session 1.13% higher at $45.62. The stock recorded a trading volume of 512,084 shares. The Company's shares have gained 3.31% in the last one month. The stock is trading 6.08% below its 50-day moving average. Moreover, shares of 58.com, which operates an online marketplace for local merchants and consumers in the People's Republic of China, have an RSI of 38.58.
On September 28th, 2016, 58.com announced that Guazi.com Inc., the Company's minority-owned market-leading consumer-to-consumer (C2C) used car trading platform, recently closed another round of equity financing from Matrix Partners China and Blue Run Ventures. Following the closing, 58.com holds a 34% stake in Guazi on a fully diluted basis. The complimentary research report on WUBA can be accessed at:
Weibo Corp.'s stock rose 0.55%, closing the session at $53.08 and with a total trading volume of 1.48 million shares. The Company's shares have gained 8.39% in the last one month, 61.44% over the previous three months, and 172.21% on an YTD basis. The stock is trading 11.18% and 86.19% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Weibo, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, have an RSI of 57.46.
On October 07th, 2016, research firm T.H. Capital reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $38 a share to $60 a share. Register for free on Stock-Callers.com and download the PDF research report on WB at:
On Friday, shares in Mountain View, California headquartered Alphabet Inc. recorded a trading volume of 1.11 million shares. The stock ended the day 0.06% higher at $804.60. The Company's shares have advanced 0.42% in the past month, 6.82% over the previous three months, and 3.42% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.36% and 6.73%, respectively. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, have an RSI of 49.73.
On September 15th, 2016, Alphabet announced that it will hold its quarterly conference call to discuss Q3 2016 financial results on October 27th at 4:30 p.m. ET.
On October 10th, 2016, research firm Axiom Capital reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $990 a share to $1000 a share. Get free access to your research report on GOOGL at:
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