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Technical Coverage on Select Internet Information Providers Stocks -- Weibo, Synacor, Bitauto, and Criteo
[July 27, 2016]

Technical Coverage on Select Internet Information Providers Stocks -- Weibo, Synacor, Bitauto, and Criteo


NEW YORK, July 27, 2016 /PRNewswire/ --

Need for information is what drives Internet Information Providers companies, and given the high demand for knowledge and data, industry players have plenty of room for expansion and improvement. Opportunities are ahead, and today's focus is directed on four equities that could be potential money makers: Weibo Corp. (NASDAQ: WB), Synacor Inc. (NASDAQ: SYNC), Bitauto Holdings Ltd (NYSE: BITA), and Criteo S.A. (NASDAQ: CRTO). Learn more about these stocks by accessing their freenotes at:

http://stock-callers.com/registration

Weibo 

Shares in Beijing, China headquartered Weibo Corp. ended Tuesday's session 1.80% higher at $32.86 and with a total volume of 595,804 shares traded. The stock has advanced 21.70% in the last month, 36.01% over the previous three months, and 68.51% on an YTD basis. The Company's shares are trading 17.51% above their 50-day moving average and 61.10% above their 200-day moving average. Moreover, shares of Weibo, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, have a Relative Strength Index (RSI) of 64.33. WB complete notes are just a click away at:

http://stock-callers.com/registration/?symbol=WB


Synacor 

Buffalo, New York headquartered Synacor Inc.'s shares saw a slight decline of 0.65%, closing the day at $3.06 with a total volume of 174,274 shares traded. The stock has advanced 0.66% in the last month, 111.03% over the previous three months, and 74.86% since the start of this year. The Company's shares are trading 51.45% above their 200-day moving average. Additionally, shares of Synacor, which operates as a technology development, multiplatform services, and revenue partner for video, Internet, and communications providers; and device manufacturers and enterprises, have an RSI of 47.97.

On June 13th, 2016, Synacor announced the release of a comprehensive identity and access management platform to support Apple Single Sign On. For Pay TV providers, Synacor Cloud ID with Apple Single Sign On includes, Single Sign On across TVE/OTT apps for pay TV subscribers on Apple's iOS devices and Apple TV, password-less Auto Authentication out-of-home across many Apple devices and provider App Store featuring available authenticated apps. The complimentary notes on SYNC can be accessed at:


http://stock-callers.com/registration/?symbol=SYNC


Bitauto Holdings 

On Tuesday, shares in Beijing, the People's Republic of China headquartered Bitauto Holdings Ltd jumped 4.13%, closing the session at $27.50 with a total volume of 331,888 shares traded. The stock has advanced 5.20% in the last one month and 10.93% over the previous three months. The Company's shares are trading 13.39% above their 50-day moving average and 8.71% above their 200-day moving average. Furthermore, shares of Bitauto Holdings, which provides Internet content and marketing services for the automotive industry in the People's Republic of China, have an RSI of 56.40.

On June 06/span>th, 2016, Bitauto Holdings, Tencent Holdings Limited, Baidu, Inc., and JD.com, Inc. jointly announced that they have entered into definitive agreements pursuant to which Tencent, Baidu and JD.com each agreed to invest US$50 million in Bitauto. Each company will purchase 2,471,577 newly issued ordinary shares of Bitauto at US$20.23 per share. Bitauto also announced that pursuant to definitive agreements entered into by and between Bitauto and PA Grand Opportunity Limited, the Company agrees to issue convertible bonds ("CBs") to PAG and/or its affiliates in an aggregate principal amount of up to US$150 million. The CBs will be due in five years from the date of issuance and will have an interest rate of 2.00% per annum. At any time after three months of the CBs issuance, at the option of the holders, the CBs are convertible into ordinary shares or ADSs of the Company. The initial conversion price will be US$23.67 per ADS.



On July 08th, 2016, research firm Macquarie initiated an 'Outperform' rating, issuing a target price of $34 on the Company's stock. Sign up for your complimentary notes on BITA at:

http://stock-callers.com/registration/?symbol=BITA



Criteo 

Paris, France headquartered Criteo S.A.'s shares finished the session 6.10% lower at $41.09. A total volume of 1.36 million shares was traded, which was above their three months average volume of 529,740 shares. The stock has advanced 3.76% on YTD basis. The Company's shares are trading above their 200-day moving average by 3.61%. Additionally, shares of Criteo, which engages in the digital performance marketing in France and internationally, have an RSI of 38.31.

On July 20th, 2016, Criteo announced that it will release its financial results for the second quarter ended June 30th, 2016 on August 3rd, 2016. On the same day, the Company will host a conference call at 8:00 AM ET, 2:00 PM CET to discuss these results. Get free access to your notes on CRTO at:

http://stock-callers.com/registration/?symbol=CRTO

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