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Morning Technical Insight on These Internet Stocks -- Bitauto, Meet Group, YY Inc., and Zillow


News provided by

Wall St. Equities

Jan 04, 2018, 06:05 ET

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NEW YORK, Jan. 04, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on BITA, MEET, YY, and Z which can be accessed for free by signing up to www.wallstequities.com/registration. Today's pre-market research on WallStEquities.com is centered on the Internet Information Providers space, which offers dividend yields that are much higher than average compared with the wider market. Equities under review this morning are: Bitauto Holdings Ltd (NYSE: BITA), The Meet Group Inc. (NASDAQ: MEET), YY Inc. (NASDAQ: YY), and Zillow Group Inc. (NASDAQ: Z). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Bitauto Holdings

Beijing, China headquartered Bitauto Holdings Ltd's shares jumped 4.57%, finishing Wednesday's trading session at $34.35. A total volume 3.28 million shares were traded, which was higher than their three months average volume of 1.42 million shares. In the last month and over the past one year, the stock has advanced 18.08% and 74.01%, respectively. The Company's shares are trading slightly below their 200-day moving average by 0.39%. Moreover, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in China, have a Relative Strength Index (RSI) of 54.87.

On January 02nd, 2018, research firm Citigroup initiated a 'Buy' rating on the Company's stock. Get the full research report on BITA for free by clicking below at: www.wallstequities.com/registration/?symbol=BITA

Meet Group

On Wednesday, shares in New Hope, Pennsylvania headquartered The Meet Group Inc. recorded a trading volume of 563,602 shares, and ended the session 1.02% lower at $2.92. The stock has gained 16.80% in the last one month. The Company's shares are trading 4.51% above their 50-day moving average. Furthermore, shares of Meet Group, 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 55.00.

On December 19th, 2017, Meet Group pre-released selected preliminary financial information for its Q4 and full year 2017. For Q4 2017, expected revenue is at or above the high end of the prior outlook of $36.5 million to $38 million, and expected adjusted EBITDA is near or above the high end of the prior outlook of $7.5 million to $9.5 million. For the full year 2017, expected revenue is at or above the high end of the prior outlook of $120.1 million to $121.6 million, and expected adjusted EBITDA is near or above the high end of prior guidance of $28.6 million to $30.6 million. To experience our free membership services anytime/ anywhere and access the free report on MEET, click to register at: www.wallstequities.com/registration/?symbol=MEET

YY Inc.

Shares in Guangzhou, China headquartered YY Inc. closed at $119.36, down 1.73% from the last trading session. The stock recorded a trading volume of 1.26 million shares. The Company's shares have surged 18.49% in the last one month, 32.15% over the previous three months, and 202.56% over the past one year. The stock is trading 15.56% and 60.98% above its 50-day and 200-day moving averages, respectively. Additionally, shares of YY Inc., which through its subsidiaries, operates a live streaming platform in China, have an RSI of 64.38. Join our big investor community at Wall St. Equities today and get your free report on YY at: www.wallstequities.com/registration/?symbol=YY

Zillow Group

Seattle, Washington headquartered Zillow Group Inc.'s stock ended 1.15% higher at $42.97 with a total trading volume of 535,942 shares. The Company's shares have advanced 5.29% in the last month, 4.93% over the previous three months, and 15.45% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.66% and 3.86%, respectively. Furthermore, shares of Zillow, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 59.66.

On December 07th, 2017, StreetEasy, owned and operated by Zillow, announced that it has been named to Crain's New York Business 2017 list of 100 Best Places to Work in New York City for the third time. This is among a growing list of accolades that the Company has received based on its work practices and employee satisfaction. Most recently, the Company was recognized as one of the 2016 Best Places to Work in New York State by the New York State Society for Human Resource Management. Know more about Z in our free research coverage at: www.wallstequities.com/registration/?symbol=Z

--

Wall St. Equities:

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WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

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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 protected]. 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 WSE. WSE 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.  

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WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-disclaimer/

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SOURCE Wall St. Equities

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