NEW YORK, August 18, 2016 /PRNewswire/ --
Stock-Callers.com today reviews the recent performances of Square Inc. (NYSE: SQ), NetEase Inc. (NASDAQ: NTES), Momo Inc. (NASDAQ: MOMO), and GoDaddy Inc. (NYSE: GDDY). These stocks belong in the Internet Software and Services space which includes companies that develop Internet software and provide Internet services such as online databases and interactive services, web address registration services, database construction, and Internet design services. Download the free research reports on these stocks today: http://stock-callers.com/registration
Shares in San Francisco, California headquartered Square Inc. ended Wednesday's session at $11.40, which was a drop of 2.06%. The stock recorded a trading volume of 4.81 million shares, which was above its three months average volume of 4.22 million shares. The Company's shares have surged 21.93% in the last one month and 21.28% in the previous three months. The stock is trading 17.21% above its 50-day moving average and 2.72% above its 200-day moving average. Moreover, shares of Square, which develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide, have a Relative Strength Index (RSI) of 64.89.
On August 4th, 2016, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $8 a share to $10 a share.
On August 10th, 2016, Square and Upserve announced a partnership providing Upserve customers access to fast, flexible, and straightforward funding for their restaurants through Square Capital. This is the first time loans through Square Capital will be available to businesses that operate outside of Square's payment processing ecosystem. See our free and comprehensive research report on SQ at: http://stock-callers.com/registration/?symbol=SQ
Beijing, the People's Republic of China-based NetEase Inc.'s stock climbed 0.06%, closing the day at $213.33 with a total volume of 1.12 million shares traded. The Company's shares have advanced 7.32% in the last one month, 31.00% in the previous three months, and 18.78% on an YTD basis. The stock is trading 13.29% above its 50-day moving average and 31.53% above its 200-day moving average. Additionally, shares of NetEase, which operates an interactive online community in the People's Republic of China, have an RSI of 72.87.
On July 18th, 2016, research firm Brean Capital initiated a 'Buy' rating on the Company's stock, issuing a target price of $235 per share.
On August 17th, 2016, NetEase reported that net revenues for Q2 2016 were RMB8,952.8 million (US$1,347.1 million) compared to RMB4,567.9 million for Q2 2015. Net income attributable to the company's shareholders for the second quarter of 2016 totaled RMB2.7 billion (US$409.4 million) compared to RMB1.4 billion for Q2 2015. NTES free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=NTES
On Wednesday, shares in Beijing, the People's Republic of China headquartered Momo Inc. recorded a trading volume of 1.65 million shares, which was higher than their three months average volume of 1.06 million shares. The stock ended the day 3.17% lower at $15.58. The Company's shares have gained 22.00% in the past one month and 19.48% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 23.15% and 18.23%, respectively. Furthermore, shares of Momo, which operates as a mobile-based social networking platform in the People's Republic of China, have an RSI of 67.87.
On August 16th, 2016, Momo reported total net revenues of $99.0 million for Q2 2016, an increase of 222% from $30.7 million in Q2 2015. Net Income attributable to Momo was $15.4 million in Q2 2016 compared to $1.7 million during the same period last year. Sign up for your complimentary report on MOMO at: http://stock-callers.com/registration/?symbol=MOMO
Scottsdale, Arizona headquartered GoDaddy Inc.'s stock saw a decline of 2.21%, finishing yesterday's session at $32.25 and with a total volume of 580,173 shares traded. The Company's shares have advanced 11.25% in the last one month, 5.81% in the previous three months, and 0.59% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.58% and 4.01%, respectively. Additionally, shares of GoDaddy, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 54.48.
On August 3rd, 2016, GoDaddy reported total revenue of $456.2 million for Q2 2016, up 15.6% on y-o-y basis, or approximately 17.6% on a constant currency basis. The company's net loss narrowed to $11.1 million in Q2 2016 from $71.3 million in Q2 2015.
On August 4th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $37 a share to $38 a share. Register for free on Stock-Callers.com and download the latest research report on GDDY at: http://stock-callers.com/registration/?symbol=GDDY
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
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 SC. SC 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.
SC, 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. SC, 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, SC, 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 SC 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 http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA