TMCnet News
Technical Roundup on Internet Software & Services Stocks -- Square, SINA, NetEase, and GoDaddyNEW 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: http://stock-callers.com/registration Square 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: http://stock-callers.com/registration/?symbol=SQ
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: http://stock-callers.com/registration/?symbol=NTES
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: http://stock-callers.com/registration/?symbol=GDDY -- 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 CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Chelmsford Park SA 
|