TMCnet News

Internet Stocks on Investors' Radar -- Baidu, MeetMe, Zillow, and YY Inc.
[January 19, 2017]

Internet Stocks on Investors' Radar -- Baidu, MeetMe, Zillow, and YY Inc.


NEW YORK, January 19, 2017 /PRNewswire/ --

On Wednesday, benchmark US indices were in mixed as the NASDAQ Composite and the S&P 500 closed the trading session up 0.31% and 0.18%, respectively, while the Dow Jones Industrial Average edged 0.11% lower. Nonetheless, US markets made broad based gains with five out of nine sectors finishing the day in green. Pre-market today, Stock-Callers.com reviews these four Internet Information Providers stocks: Baidu Inc. (NASDAQ: BIDU), MeetMe Inc. (NASDAQ: MEET), Zillow Group Inc. (NASDAQ: Z), and YY Inc. (NASDAQ: YY). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Baidu  

On Wednesday, shares in Beijing, the People's Republic of China headquartered Baidu Inc. recorded a trading volume of 2.00 million shares. The stock ended the day 0.24% lower at $176.54. Shares of the Company, which provides Internet search services in China and internationally, are trading at a PE ratio of 13.28. Baidu's stock has advanced 6.49% in the last one month, 0.79% in the previous three months, and 6.33% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 5.04% and 2.02%, respectively. Furthermore, Baidu's shares have a Relative Strength Index (RSI) of 60.20.

On January 17th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Free research report on BIDU is available at:

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


MeetMe  

On Wednesday, shares in New Hope, Pennsylvania headquartered MeetMe Inc. ended the session 0.39% lower at $5.08 with a total volume of 935,180 shares traded. MeetMe's shares have surged 61.78% in the past one year. Shares of the Company, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, are trading at a PE ratio of 6.38. The stock is trading 0.99% above its 50-day moving average and 1.24% above its 200-day moving average. Moreover, the Company's shares have an RSI of 49.41. The complimentary research report on MEET can be downloaded at:

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

Zillow  

Seattle, Washington headquartered Zillow Group Inc.'s stock finished Wednesday's session 0.11% higher at $36.55 with a total volume of 954,526 shares traded. Over the last three months and the previous one year, Zillow Group's shares have gained 10.56% and 76.83%, respectively. The Company's shares are trading above it 50-day and 200-day moving averages by 0.35% and 10.26%, respectively. 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 48.52.



On January 13th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Visit us today and access our complete research report on Z at:

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



YY Inc. 

Guangzhou, the People's Republic of China headquartered YY Inc.'s stock advanced 2.51%, to close the day at $44.11. The stock recorded a trading volume of 1.51 million shares, which was above its three months average volume of 1.00 million shares. YY Inc.'s shares have gained 8.25% in the last one month. The Company's shares are trading 2.53% above its 50-day moving average. Shares of the Company, which through its subsidiaries, operates an online social platform in the People's Republic of China, are trading at a PE ratio of 13.71. Additionally, the stock has an RSI of 59.58. Get free access to your research report on YY at:

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

--

Stock Callers: 

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.

NO WARRANTY 

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/


CONTACT
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


[ Back To TMCnet.com's Homepage ]