NEW YORK, June 7, 2017 /PRNewswire/ --
DailyStockTracker.com has initiated coverage on Wix.com Ltd (NASDAQ: WIX), Autohome Inc. (NYSE: ATHM), Bitauto Holdings Ltd (NYSE: BITA), and Zillow Group Inc. (NASDAQ: ZG). As of April 19th, 2017, the Internet Information Providers industry had a total of 34,367 granted patents and 90,761 patent applications distributed into 62,472 patent families. Based on the countries of patent applications, the key markets are the US, WIPO (PCT), and Japan. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
On Tuesday, shares in Tel Aviv, Israel headquartered Wix.com Ltd recorded a trading volume of 1.10 million shares, which was above their three months average volume of 1.01 million shares. The stock ended the session 2.91% higher at $77.75. The Company's shares have gained 6.07% in the last one month, 21.77% over the previous three months, and 74.52% on an YTD basis. The stock is trading 4.38% above its 50-day moving average and 39.77% above its 200-day moving average. Moreover, shares of Wix.com, which develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally, have a Relative Strength Index (RSI) of 54.20.
On May 11th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $73 a share to $86 a share.
On May 17th, 2017, Wix.com announced the launch of SEO Wiz, which powers search optimization on Wix sites by creating a personalized plan to help users ensure that their websites are easily found online. SEO Wiz provides easy, step-by-step interactive walkthroughs, with personalized checklists of to-dos, to optimize every page of a Wix website. The free research report on WIX is available at:
Beijing, the People's Republic of China headquartered Autohome Inc.'s stock closed the day 7.74% higher at $44.13. A total volume of 3.24 million shares was traded, which was above their three months average volume of 1.14 million shares. The Company's shares have advanced 25.62% in the past month, 35.83% in the previous three months, and 74.56% since the start of this year. The stock is trading 23.87% and 48.59% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Autohome, which operates as an online destination for automobile consumers in the People's Republic of China, have an RSI of 67.87.
On May 10th, 2017, Autohome announced its unaudited financial results for Q1 ended March 31st, 2017. Net revenues were $195.9 million for the quarter, net income attributable to the Company was $47.6 million, and net cash provided by operating activities was $71.9 million. As of March 31st, 2017, the Company had cash and cash equivalents, and short-term investments of $899.3 million. The complimentary report on ATHM can be downloaded at:
Shares in Beijing, the People's Republic of China headquartered Bitauto Holdings Ltd recorded a trading volume of 967,259 shares, which was higher than their three months average volume of 950,810 shares. The stock ended yesterday's trading session 4.74% higher at $28.71. The Company's shares have advanced 3.65% in the past month, 30.03% in the previous three months, and 51.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.00% and 17.10%, respectively. Furthermore, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China, have an RSI of 51.20.
On May 11th, 2017, Bitauto announced its unaudited financial results for Q1 ended March 31st, 2017. Revenue for the quarter was $224.5 million, gross profit was $149.1 million, and loss from operations was $1.6 million. As of March 31st, 2017, the Company had cash and cash equivalents, time deposit, and restricted cash of $1.21 billion. Visit us today and download our complete research report on BITA for free at:
Seattle, Washington headquartered Zillow Group Inc.'s stock finished Tuesday's session 0.93% higher at $45.49 with a total trading volume of 336,813 shares. The Company's shares have advanced 3.83% in the last one month, 30.94% over the previous three months, and 24.80% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.99% and 26.02%, respectively. Additionally, 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 72.59.
On May 24th, 2017, Zillow, owned and operated by Zillow Group, has launched Zillow® Prize, an award of $1 million to the first person or team who can most improve the Zestimate® algorithm, the Company's proprietary home valuation tool. Zillow Prize calls for data scientists, engineers, and visionaries to compete to improve automated home valuations of 110 million homes across the US. Get free access to your technical report on ZG at:
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