NEW YORK, May 12, 2017 /PRNewswire/ --
Companies in the Internet Software and Services space develop and market Internet software and/or provide Internet services such as online databases and interactive services, web address registration services, database construction, and internet design services. Pre-market today, Stock-Callers.com draws investors' attention to these four stocks: Square Inc. (NYSE: SQ), Momo Inc. (NASDAQ: MOMO), Equinix Inc. (NASDAQ: EQIX), and NetEase Inc. (NASDAQ: NTES). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
San Francisco, California headquartered Square Inc.'s shares saw a drop of 1.20%, finishing Thursday's trading session at $19.71 with a total volume of 4.43 million shares traded. In the last month and the previous three months, the stock has advanced 16.49% and 33.81%, respectively. Additionally, the Company's shares have gained 44.61% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.66% and 41.38%, respectively. Moreover, shares of Square, which develops and provides payment processing, point-of-sale, financial, and marketing services worldwide, have a Relative Strength Index (RSI) of 67.03.
On April 26th, 2017, Square announced that it will host an Investor Day in San Francisco on May 16th, 2017 from 8:00 a.m. to 12:00 noon PT. CEO Jack Dorsey, CFO Sarah Friar, and other members of the senior management team will provide an overview of the Company's purpose and strategy, financials, and key business and product initiatives.
On May 04th, 2017, research firm Canaccord Genuity reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $16 a share to $18 a share. Free research report on SQ is available at: http://stock-callers.com/registration/?symbol=SQ
On Thursday, shares in Beijing, the People's Republic of China headquartered Momo Inc. recorded a trading volume of 3.72 million shares, and ended the session 0.50% higher at $38.41. The stock has gained 2.78% in the last one month, 54.38% over the previous three months, and 108.98% on an YTD basis. The Company's shares are trading 9.71% above their 50-day moving average and 53.72% above their 200-day moving average. Furthermore, shares of Momo, which operates as a mobile-based social networking platform in the People's Republic of China, have an RSI of 55.61.
On April 18th, 2017, research firm The Benchmark Company initiated a 'Buy' rating on the Company's stock, with a target price of $44 per share.
On April 26th, 2017, Momo announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31st, 2016 with the SEC on April 26th, 2017. The annual report can be accessed on the Company's investor relations website, or on the SEC's website. The complimentary research report on MOMO can be downloaded at: http://stock-callers.com/registration/?symbol=MOMO
Shares in Redwood City, California headquartered Equinix Inc. closed at $428.77, up 0.88% from the last trading session with a total trading volume of 357,341 shares. The Company's shares have gained 7.24% in the last one month, 11.74% over the previous three months, and 20.61% since the start of this year. The stock is trading 7.99% and 16.26% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Equinix, which provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, Middle East, Africa, and Asia/Pacific, have an RSI of 81.58.
On May 09th, 2017, Equinix announced that it has been ranked 16th by the US Environmental Protection Agency in the National Top 100 List of the largest green power users. The Company's use of green power delivers value to its customers, who are, in turn, able to increase the percentage of green power consumed in their own digital supply chains. Visit us today and access our complete research report on EQIX at: http://stock-callers.com/registration/?symbol=EQIX
Beijing-based NetEase Inc.'s stock ended 0.82% lower at $276.76 with a total volume of 3.55 million shares traded. The Company's shares have advanced 3.27% in the last one month, 7.81% over the previous three months, and 28.95% on an YTD basis. The stock is trading above its 200-day moving average by 12.20%. Furthermore, shares of NetEase, which operates an interactive online community in the People's Republic of China, have an RSI of 54.77.
On May 10th, 2017, NetEase announced its unaudited financial results for Q1 ended March 31st, 2017. Q1 2017 net revenues were $2.0 billion; online game services net revenues were $1.6 billion; gross profit was $1.1 billion; total operating expenses were $394.0 million; and net income attributable to the Company's shareholders was $569.9 million. Additionally, diluted earnings per ADS were $4.29 and non-GAAP diluted earnings per ADS were $4.75 during the quarter. Get free access to your research report on NTES at: http://stock-callers.com/registration/?symbol=NTES
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