NEW YORK, October 24, 2016 /PRNewswire/ --
Stock-Callers.com's attention is directed to the Internet Information Providers industry which operates media outlets via the Internet. Companies in this category are structured as corporations and offer higher-than-average dividend yields when compared with the wider market. Today, Stock-Callers.com has issued research reports on the following equities: Fang Holdings Ltd (NYSE: SFUN), MeetMe Inc. (NASDAQ: MEET), Baidu Inc. (NASDAQ: BIDU), and Yelp Inc. (NYSE: YELP). Learn more about these stocks by downloading their comprehensive and free reports at:
Last Friday at the close, shares in Beijing, China-based Fang Holdings Ltd ended 0.55% lower at $3.59 with a total trading volume of 1.16 million shares. The stock is trading below its 50-day moving average by 18.00%. Shares of the Company, which operates a real estate online platform through which it provides e-commerce, marketing, listing, financial, and value-added services, have a Relative Strength Index (RSI) of 29.27.
On September 22nd, 2016, the company announced the appointment of Dr. Hua Lei as the acting Chief Financial Officer during the period when CFO Mr. Kent Huang will be half time working for his health check. Dr. Lei joined Fang in 2009 and has since accumulated extensive experience across multiple functions in the Company. SFUN complete research report is just a click away and free at:
New Hope, Pennsylvania headquartered MeetMe Inc.'s stock finished Friday's session 0.74% higher at $5.45 with a total trading volume of 943,734 shares. The Company's shares have advanced 52.23% since the start of this year. The stock is trading above its 200-day moving average by 22.46%. Additionally, shares of MeetMe, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, have an RSI of 46.32.
On October 04th, 2016, MeetMe announced that it has completed its acquisition of Skout, Inc., a leading global mobile network for meeting new people. MeetMe expects the acquisition to significantly increase both the size of its user base and its total revenue, allowing for greater monetization, strong operating leverage, and increased profitability. Skout's revenue for Q3 ended September 30th, 2016 is expected to be approximately $6.6 million and its trailing twelve months' revenue as of September 30th, 2016 is expected to be approximately $26 million. MeetMe also announced preliminary revenue results for Q3 2016 and expects its standalone revenue to be approximately $17.2 million, which is within the company's previously provided guidance range and represents growth of approximately 20% year-over-year. The complimentary report on MEET can be downloaded at:
Shares in Beijing, the People's Republic of China headquartered Baidu Inc. ended the session 0.91% higher at $176.76 with a total trading volume of 2.06 million shares. The stock has gained 10.30% in the previous three months. The Company's shares are trading above their 200-day moving average by 2.06%. Moreover, shares of Baidu, which provides Internet search services in China and internationally, have an RSI of 45.54.
On October 17th, 2016, Xilinx, Inc. announced that Baidu is utilizing Xilinx® FPGAs to accelerate machine learning applications in their data centers in China. The two companies are collaborating to further expand volume deployment of FPGA-based accelerated platforms. Sign up for your complimentary research report on BIDU at:
San Francisco, California headquartered Yelp Inc.'s shares recorded a trading volume of 3.37 million shares, which was above their three months average volume of 2.45 million shares. The stock closed 2.77% lower at $33.40. The Company's shares have gained 9.94% in the previous three months and 15.97% since the start of this year. The stock is trading 21.18% above its 200-day moving average. Additionally, shares of Yelp, which operates a platform that connects people with local businesses primarily in the US, have an RSI of 25.58.
On September 26th, 2016, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $42 a share to $45 a share.
On October 19th, 2016, Yelp announced that it will issue its financial results for the Q3 ended September 30th, 2016 before the market opens on November 2nd, 2016. Yelp will host a conference call to discuss the results at 8:00 a.m. ET on the same day. Get free access to your research report on YELP at:
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