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What's Happening with These Internet Stocks? -- Alphabet, Autohome, Bitauto, and ChinaCache


News provided by

Wall St. Equities

May 04, 2018, 07:00 ET

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NEW YORK, May 4, 2018 /PRNewswire/ -- If you want a free Stock Review on GOOGL, ATHM, BITA, and CCIH sign up now at www.wallstequities.com/registration. On Thursday, May 03, 2018, the NASDAQ Composite and the S&P 500 edged 0.18% and 0.23% lower, respectively at the closing bell, while the Dow Jones Industrial Average stayed bullish, finishing marginally higher by 0.02%. US markets saw seven out of nine sectors finishing the day in red, one in green, and one in neutral territory. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Internet Information Providers equities this morning: Alphabet Inc. - Class A (NASDAQ: GOOGL), Autohome Inc. (ADR) (NYSE: ATHM), Bitauto Holdings Ltd (ADR) (NYSE: BITA), and ChinaCache International Holdings Ltd (NASDAQ: CCIH). All you have to do is sign up today for this free limited time offer by clicking the link below.  

www.wallstequities.com/registration

Alphabet

On Thursday, shares in Mountain View, California headquartered Alphabet Inc. recorded a trading volume of 1.95 million shares. The stock ended at $1,026.30, rising 0.02% from the last trading session. The Company's shares have gained 8.21% in the last twelve months. The stock is trading below its 50-day moving average by 4.25%. Furthermore, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US and internationally, have a Relative Strength Index (RSI) of 44.74.

On April 25th, 2018, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $1234 per share. Get the full research report on GOOGL for free by clicking below at:

www.wallstequities.com/registration/?symbol=GOOGL

Autohome

Beijing, China headquartered Autohome Inc.'s stock finished yesterday's session 1.39% lower at $93.74. A total volume of 1.11 million shares was traded, which was above their three months average volume of 815.81 thousand shares. The Company's shares have gained 17.62% over the previous three months, and 177.19% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.60% and 33.87%, respectively. Furthermore, shares of Autohome, which operates as an online destination for automobile consumers in China, have an RSI of 52.26. Today's complimentary research report on ATHM is accessible at:

www.wallstequities.com/registration/?symbol=ATHM

Bitauto Holdings

At the close of trading on Thursday, shares in Beijing, China headquartered Bitauto Holdings Ltd saw a drop of 0.77%, ending the day at $20.61. The stock recorded a trading volume of 2.00 million shares, which was higher than its three months average volume of 1.17 million shares. The stock is trading below its 50-day moving average by 14.54%. Moreover, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in China, have an RSI of 44.91.

On May 03rd, 2018, research firm CLSA downgraded the Company's stock rating from 'Outperform' to 'Underperform'. Sign up for free on Wall St. Equities and claim the latest report on BITA at:

www.wallstequities.com/registration/?symbol=BITA

ChinaCache International Holdings

Beijing, China headquartered ChinaCache International Holdings Ltd's shares ended the day 0.78% higher at $1.29 with a total trading volume of 241,292 shares. The stock has gained 18.35% in the last month, and 15.18% over the last twelve months. The Company's shares are trading above their 50-day and 200-day moving averages by 1.80% and 4.24%, respectively. Additionally, shares of ChinaCache, which provides content and application delivery services in China, have an RSI of 54.74. See the free research coverage on CCIH at:

www.wallstequities.com/registration/?symbol=CCIH

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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. 

WSE 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 WSE. WSE 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.  

NO WARRANTY

WSE, 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. WSE, 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, WSE, 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 WSE 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

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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:
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SOURCE Wall St. Equities

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