NEW YORK, April 26, 2017 /PRNewswire/ --
Stock-Callers.com today monitors 58.com Inc. (NYSE: WUBA), Match Group Inc. (NASDAQ: MTCH), YY Inc. (NASDAQ: YY), and VeriSign Inc. (NASDAQ: VRSN). According to Patsnap, the Internet Information Providers industry's key markets are the U.S., WIPO (PCT), and Japan, based on the countries of patent applications. The main technology areas are electric digital data processing, transmission of digital information, and wireless communication networks. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Beijing, the People's Republic of China headquartered 58.com Inc.'s stock finished Tuesday's session 1.33% higher at $39.48 with a total trading volume of 824,118 shares. The Company's shares have advanced 5.82% in the past month, 35.58% over the previous three months, and 41.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.38% and 0.19%, respectively. Furthermore, shares of 58.com, which operates an online marketplace for local merchants and consumers in the People's Republic of China, have a Relative Strength Index (RSI) of 70.47.
On April 17th, 2017, 58.com announced that it has entered into a definitive agreement with Tencent Holdings Limited, a leading provider of Internet services in China, to invest in Zhuan Zhuan, the used goods trading platform incubated by 58.com. The transaction is currently expected to close in Q2 2017.
On April 18th, 2017, research firm The Benchmark Company initiated a 'Hold' rating on the Company's stock. Visit us today and access our complete research report on WUBA at:
Shares in Dallas, Texas headquartered Match Group Inc. ended at $18.47, up 1.15% from the last trading session with a total volume of 1.29 million shares traded. The Company's shares have gained 16.31% in the last one month, 1.32% in the previous three months, and 8.01% on an YTD basis. The stock is trading 10.10% above its 50-day moving average and 8.68% above its 200-day moving average. Moreover, shares of Match Group, which provides dating products, have an RSI of 76.82.
On April 12th, 2017, Match Group announced that it will audiocast a conference call to review its Q1 2017 financial results and answer questions on Wednesday, May 03rd, 2017, at 8:30 a.m. ET. After the close of market trading on Tuesday, May 02nd, 2017, the Company will publish its Q1 results, along with a supplemental investor presentation, which may include certain forward-looking information.
On April 18th, 2017, research firm Jefferies initiated a 'Buy' rating on the Company's stock, with a target price of $21 per share. The complimentary report on MTCH can be downloaded at:
Guangzhou, the People's Republic of China headquartered YY Inc.'s stock ended yesterday's session 2.26% higher at $47.00 with a total trading volume of 897,251 shares. The Company's shares have advanced 1.51% in the past month, 12.90% over the previous three months, and 19.23% on an YTD basis. The stock is trading 1.78% and 2.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares of YY, which through its subsidiaries, operates an online social platform in the People's Republic of China, have an RSI of 57.27.
On April 18th, 2017, research firm The Benchmark Company initiated a 'Buy' rating on the Company's stock, with a target price of $60 per share.
On April 20th, 2017, YY Inc. announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31st, 2016 with the SEC on April 20th, 2017. The annual report can be accessed on the Company's investor relations website. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Register for free on Stock-Callers.com and access the latest research report on YY at:
On Tuesday, shares in Reston, Virginia headquartered VeriSign Inc. recorded a trading volume of 648,514 shares. The stock finished 0.88% higher at $89.28. The Company's shares have advanced 2.40% in the last one month, 10.84% in the previous three months, and 17.37% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.08% and 9.88%, respectively. Furthermore, shares of VeriSign, which provides domain name registry services and Internet security worldwide, have an RSI of 68.47.
On April 03rd, 2017, VeriSign announced that its earnings call for Q1 2017 will take place on Thursday, April 27th, 2017, at 4:30 p.m. ET. The earnings news release will be distributed to the wire services at approximately 4:05 p.m. ET on the same day, and will also be available on the Company's website.
On April 12th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'. Get free access to your research report on VRSN at:
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