NEW YORK, March 2, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on the following Internet Information Providers stocks: GrubHub Inc. (NYSE: GRUB), Alphabet Inc. (NASDAQ: GOOG), 58.com Inc. (NYSE: WUBA), and Match Group Inc. (NASDAQ: MTCH). These companies operate media outlets via the Internet, generally focusing on a specific sector and tailoring their content likewise. They are structured as corporations and offer dividend yields that are much higher than average when compared with the wider market. Learn more about these stocks by downloading their free research reports in PDF format at:
On Wednesday, shares in Chicago, Illinois headquartered GrubHub Inc. recorded a trading volume of 4.17 million shares, which was above their three months average volume of 1.66 million shares. The stock ended at $36.21, rising 3.28% from the last trading session. The Company's shares are trading below their 200-day moving average by 0.28%. Furthermore, shares of GrubHub, which together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the US, have a Relative Strength Index (RSI) of 39.05.
On February 17th, 2017, research firm Pacific Crest resumed its 'Overweight' rating on the Company's stock, with a target price of $45 per share.
On March 01st, 2017, GrubHub announced the resignation of Benjamin Spero from its Board of Directors and Compensation Committee. The Company stated that Spero is departing in order to increase his focus on other business interests. Spero first joined the Board as a Seamless' director in June 2011, and served more than three years as a GrubHub director following the merger in August 2013. Sign up and read the free research report on GRUB at:
Mountain View, California headquartered Alphabet Inc.'s stock finished yesterday's session 1.46% higher at $835.24 with a total trading volume of 1.50 million shares. The Company's shares have gained 4.10% in the last one month, 8.72% over the previous three months, and 8.22% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.46% and 8.83%, respectively. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, have an RSI of 66.35.
On February 28th, 2017, Alphabet's business YouTube announced that it is bringing the YouTube experience to live TV. YouTube TV offers Live TV streaming from ABC, CBS, FOX, NBC, ESPN, regional sports networks, and dozens of popular cable networks. In total, YouTube TV gives you access to more than 40 networks. YouTube TV can be watched on any screen - mobile, tablet, and/or computer. Every YouTube TV membership comes with six accounts, and a YouTube TV membership is only $35 a month. The complimentary research report on GOOG can be downloaded at:
At the close of trading on Wednesday, shares in Beijing, the People's Republic of China headquartered 58.com Inc. climbed 1.20%, ending the day at $37.04. The stock recorded a trading volume of 1.88 million shares, which was above its three months average volume of 1.39 million shares. The Company's shares have advanced 30.15% in the last one month, 9.91% over the previous three months, and 32.29% since the start of this year. The stock is trading 22.16% above its 50-day moving average. Moreover, shares of 58.com, which operates an online marketplace for local merchants and consumers in the People's Republic of China, have an RSI of 72.60.
On February 27th, 2017, 58.com announced that total revenues were US$306.6 million (RMB2,094.8 million) for Q4 2016, a 28.5% increase from Q4 2015 in Renminbi amounts, exceeding the higher end of the Company's guidance of RMB2,080.0 million. The Company's gross margin was 89.9% for Q4 2016, compared with 91.9% in Q4 2015. 58.com reported income from operations of US$28.5 million for Q4 2016, compared with loss from operations of US$73.0 million in Q4 2015. Net loss attributable to 58.com was US$19.7 million in Q4 2016, compared with net income attributable to 58.com of US$34.4 million in Q4 2015. Register for free on Stock-Callers.com and access the latest report on WUBA at:
Dallas, Texas headquartered Match Group Inc.'s stock ended the day 1.67% higher at $16.43. A total volume of 1.49 million shares was traded, which was above their three months average volume of 1.14 million shares. The Company's shares are trading 0.78% below their 200-day moving average. Additionally, shares of Match Group, which provides dating products, have an RSI of 37.73.
On January 31st, 2017, Match Group announced that average PMC grew 23% y-o-y to 5.7 million in Q4 2016 led by continued strength at Tinder, Meetic, and Pairs (in Japan), as well as from the acquisition of PlentyOfFish in October 2015. The Company's dating revenue was $295 million, a 22% increase from Q4 2015. Get free access to your research report on MTCH at:
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