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:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA