NEW YORK, June 27, 2017 /PRNewswire/ --
If you want a Stock Review on BABA, ODP, SPLS or LINU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The Specialty Retail industry consists of companies engaged in the operation of stores and dealerships that are concentrated on a single product. It includes car and truck dealerships, auto parts, home improvement, office supplies, books, kitchenwares, and housewares, among many others. Pre-market today, DailyStockTracker.com monitors Alibaba Group Holding Ltd (NYSE: BABA), Office Depot Inc. (NASDAQ: ODP), Staples Inc. (NASDAQ: SPLS), and LiNiu Technology Group (NASDAQ: LINU). Daily Stock Tracker published free research reports on these stocks today at:
Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd's shares declined 0.20%, closing Monday's trading session at $142.73. The stock recorded a trading volume of 17.82 million shares, which was above its three months average volume of 15.06 million shares. Shares of the Company have advanced 15.45% in the last month, 32.06% over the previous three months, and 62.54% since the start of this year. The stock is trading 15.18% above its 50-day moving average and 34.52% above its 200-day moving average. Additionally, shares of Alibaba Group, which through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally, have a Relative Strength Index (RSI) of 70.83.
On June 12th, 2017, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $140 a share to $175 a share.
On June 21st, 2017, Alibaba Group announced strategic cooperation with Driscoll's and Chicken of the Sea to bring US food products to China, home to the world's largest consumer market. Through this effort, Chinese consumers will be able to purchase fresh strawberries as well as high quality seafood directly on the Company's Tmall platform. See our free and comprehensive research report on BABA at:
On Monday, shares in Boca Raton, Florida headquartered Office Depot Inc. recorded a trading volume of 5.79 million shares. The stock declined 0.36%, ending the day at $5.58. The Company's shares have advanced 10.71% in the past month, 26.24% in the previous three months, and 23.45% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.31% and 24.17%, respectively. Furthermore, shares of Office Depot, which together with its subsidiaries, supplies office products and services in North America, have an RSI of 62.63.
On June 22nd, 2017, Office Depot announced that it is entering into an exclusive licensing agreement with Centriq Technology, Inc. to develop a unique business application utilizing the latter's award-winning asset management platform. The platform has many applications, and Office Depot will leverage that technology to provide new services and an interactive sales experience for its customers beyond the traditional modes of selling paper, ink, and toner. ODP free research report is just a click away at:
Framingham, Massachusetts-based Staples Inc.'s stock finished the day 0.32% lower at $9.26 with a total trading volume of 5.19 million shares. Shares of the Company have advanced 2.21% in the last one month, 10.77% in the previous three months, and 2.32% on an YTD basis. The stock is trading above its 200-day moving average by 3.30%. Additionally, shares of Staples, which together with its subsidiaries, operates office products superstores, have an RSI of 54.56.
On June 12th, 2017, Staples announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.12 per share. The dividend is payable on July 13th, 2017, to shareholders of record on June 23rd, 2017. Sign up for your complimentary report on SPLS at:
Shares in Macau-based LiNiu Technology Group ended yesterday's session 12.86% higher at $0.56. The stock recorded a trading volume of 3.82 million shares, which was above its three months average volume of 1.26 million shares. The Company's shares have advanced 242.00% in the last one month, 94.39% over the previous three months, and 101.46% since the start of this year. The stock is trading 71.69% and 85.55% above its 50-day and 200-day moving averages, respectively. Moreover, shares of LiNiu Technology Group, which through its subsidiaries, engages in gaming related business, have an RSI of 59.79.
On May 31st, 2017, LiNiu Technology announced unaudited and unreviewed financial results for Q1 ended March 31st, 2017. Highlights for the quarter included net loss attributable to ordinary shareholders of $0.4 million, and non-GAAP loss attributable to ordinary shareholders of $0.4 million. During Q1 2017, the Company recorded a reversal of bad debts of $0.2 million. Register for free on DailyStockTracker.com and download the latest research report on LINU at:
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