How These Internet Stocks are Performing? -- YY Inc., Zillow, Fang, and 58.com
31 Aug, 2017, 07:00 ET
NEW YORK, August 31, 2017 /PRNewswire/ --
If you want a Stock Review on YY, Z, SFUN, or WUBA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Wednesday, August 30, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Six out of nine sectors ended Wednesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, DailyStockTracker.com assessed the following Internet Information Providers equities this morning: YY Inc. (NASDAQ: YY), Zillow Group Inc. (NASDAQ: Z), Fang Holdings Ltd (NYSE: SFUN), and 58.com Inc. (NYSE: WUBA). Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at:
On Wednesday, shares in Guangzhou, the People's Republic of China headquartered YY Inc. recorded a trading volume of 1.52 million shares, which was higher than their three months average volume of 1.46 million shares. The stock ended at $71.09, rising 2.26% from the last trading session. The Company's shares have gained 19.06% over the previous three months, 47.89% in the last twelve months, and 80.34% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.32% and 36.64%, respectively. Furthermore, shares of YY Inc., which through its subsidiaries, operate a live streaming platform in the People's Republic of China, have a Relative Strength Index (RSI) of 48.75.
On August 11th, 2017, research firm Deutsche Bank reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $69 a share to $100 a share. See our free and comprehensive research report on YY at:
Seattle, Washington headquartered Zillow Group Inc.'s stock finished yesterday's session 0.10% lower at $39.40. A total volume of 668,841 shares was traded. The Company's shares have gained 14.63% in the last twelve months. The stock is trading below its 50-day moving average by 11.70%. Furthermore, shares of Zillow Group, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 36.91. Z free research report PDF is just a click away at:
At the close of trading on Wednesday, shares in Beijing, China-based Fang Holdings Ltd saw a rise of 2.85%, ending the day at $3.61. The stock recorded a trading volume of 2.00 million shares. The Company's shares have advanced 13.17% in the last month and 10.06% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.42% and 9.88%, respectively. Moreover, shares of Fang, which operates a real estate Internet portal through which it provides ecommerce, marketing, listing, financial, and value-added services, have an RSI of 61.94. Sign up for your complimentary report on SFUN at:
Beijing, the People's Republic of China headquartered 58.com Inc.'s shares ended the day 0.11% lower at $62.83 with a total trading volume of 2.23 million shares, which was above their three months average of 1.55 million shares. The stock has gained 21.93% in the last month, 42.31% in the previous three months, 36.29% over the last twelve months, and 124.39% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 23.13% and 59.81%, respectively. Additionally, shares of 58.com, which operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China, have an RSI of 67.62.
On August 22nd, 2017, research firm HSBC Securities upgraded the Company's stock rating from 'Hold' to 'Buy'. Register for free on DailyStockTracker.com and download the latest research report on WUBA at:
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