Technical Roundup on Internet Software & Services Stocks -- Square, SINA, NetEase, and GoDaddy
NEW YORK, February 17, 2017 /PRNewswire/ --
Today Stock-Callers.com has issued research reports on Square Inc. (NYSE: SQ), SINA Corp. (NASDAQ: SINA), NetEase Inc. (NASDAQ: NTES), and GoDaddy Inc. (NYSE: GDDY). According to PwC's latest "Global Technology: IPO Review" report, the Internet Software and Services space was well out ahead in terms of sector activity last year, with 32 companies becoming public with proceeds topping $4.6 billion - although the respective average proceeds came in at $145 million, which was below the total average of $165 million. Sign up today and download for free the research reports for the stocks covered today at:
San Francisco, California headquartered Square Inc.'s stock finished Thursday's session 2.94% lower at $13.89. A total volume of 5.93 million shares was traded, which was above their three months average volume of 4.24 million shares. Over the previous three months and since the start of this year, the Company's shares have advanced 15.46% and 1.91%, respectively. The stock is trading above its 200-day moving average by 18.70%. Moreover, shares of Square, which develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide, have a Relative Strength Index (RSI) of 34.76.
On January 25th, 2017, Square announced that it will release financial results for Q4 2016 and full year of 2016 on February 22nd, 2017, after market close. Square will also host a conference call and earnings webcast at 5:00 p.m. ET on the same day to discuss these results. SQ complete research report is just a click away at:
Shares in Shanghai, the People's Republic of China headquartered SINA Corp. rose 0.12%, ending yesterday's session at $76.38 with a total trading volume of 826,299 shares. The stock has gained 12.36% in the past month, 12.85% in the previous three months, and 25.65% on an YTD basis. The Company's shares are trading 11.50% above their 50-day moving average and 17.34% above their 200-day moving average. Moreover, shares of SINA, which through its subsidiaries, operates as an online media company in the People's Republic of China, have an RSI of 74.28.
On February 14th, 2017, SINA Corp. announced that it will report its unaudited financial results for Q4 2016 and fiscal year 2016 after the close of market on February 22nd, 2017. Following the announcement, SINA's management team will host a conference call from 9:10 p.m. - 9:50 p.m. ET on February 22, 2017, to present an overview of the Company's financial performance and business operations. The complimentary report on SINA can be downloaded at:
On Thursday, Beijing, the People's Republic of China-based NetEase Inc.'s stock surged 14.08%, to close the day at $298.73. A total volume of 3.74 million shares was traded, which was higher than their three monhs average volume of 956,180 shares. The Company's shares have surged 26.70% in the last one month, 31.40% in the previous three months, and 38.72% on an YTD basis. The stock is trading 26.23% above its 50-day moving average and 38.81% above its 200-day moving average. Additionally, shares of NetEase, which operates an interactive online community in the People's Republic of China, have an RSI of 79.82.
On February 15th, 2017, NetEase reported net revenues for Q4 2016 were RMB12,099.0 million (US$1,742.6 million), compared to RMB7,903.0 million for Q4 2015. The Company's gross profit for Q4 2016 was RMB6,463.3 million (US$930.9 million) compared to RMB4,219.7 million for Q4 2015. Net income attributable to the Company's shareholders for Q4 2016 2016 totaled RMB3.7 billion (US$530.5 million) compared to RMB2.2 billion for Q4 2015. NetEase reported basic and diluted earnings per ADS of US$4.04 and US$4.01, respectively, for Q4 2016. Sign up for your complimentary report on NTES at:
Shares in Scottsdale, Arizona headquartered GoDaddy Inc. ended the day 4.22% lower at $35.88. A total volume of 5.29 million shares was traded, which was above their three months average volume of 778,630 shares. The stock has gained 2.81% in the last one month, 7.78% in the previous three months, and 2.66% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.97% and 7.39%, respectively. Furthermore, shares of GoDaddy, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 50.31.
On February 15th, 2017, GoDaddy reported total revenue of $485.9 million for Q4 2016, up 14.2% y-o-y, or approximately 15.3% on a constant currency basis. The Company generated total bookings of $524.8 million for Q4 2016, up 13.1% y-o-y. GoDaddy's net cash provided by operating activities was $89.1 million for Q4 2016, up 45.8% y-o-y and unlevered free cash flow was $76.6 million, up 46.5% y-o-y. Download the research report for free on GDDY at:
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