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Morning Technical Insight on These Internet Software & Services Stocks -- Momo, NetEase, Renren, and Yext
[January 23, 2018]

Morning Technical Insight on These Internet Software & Services Stocks -- Momo, NetEase, Renren, and Yext


NEW YORK, Jan. 23, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on MOMO, NTES, RENN, and YEXT which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com draws investors' attention to the recent performance of Momo Inc. (NASDAQ: MOMO), NetEase Inc. (NASDAQ: NTES), Renren Inc. (NYSE: RENN), and Yext Inc. (NYSE: YEXT). Companies in the Internet Software and Services space provide communication, messaging, and data-backup services through the Internet for consumers and enterprises. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Momo Inc.

Beijing, China headquartered Momo Inc.'s shares rose slightly by 0.38%, finishing Monday's trading session at $28.71. A total volume of 5.70 million shares was traded, which was higher than their three months average volume of 5.35 million shares. In the last month and over the past year, the stock has advanced 11.02% and 31.34%, respectively. The Company's shares are trading above their 50-day moving average by 6.44%. Moreover, shares of Momo, which operates as a mobile-based social networking platform in China, have a Relative Strength Index (RSI) of 56.12. Get the full research report on MOMO for free by clicking below at: www.wallstequities.com/registration/?symbol=MOMO

NetEase

On Monday, shares in Beijing, China-based NetEase Inc. recorded a trading volume of 1.01 million shares and ended the session 1.83% higher at $331.50. The stock has gained 19.80% over the previous three months and 36.79% over the past year. The Company's shares are trading 11.21% above their 200-day moving average. Furthermore, shares of NetEase, which operates an interactive online community in China, have an RSI of 43.25.

On January 17th, 2018, NetEase announced that it will report financial results for Q4 FY17 and FY17 on February 07th, 2018, after the close of the US markets. The earnings teleconference call will take place at 8:00 p.m. ET that same day. A live webcast of the call will be available under the investor relations page of the Company's website.

On January 19th, 2018, research firm Goldman reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $340 a share to $432 a share. To experience our free membership services anytime/ anywhere and access the free report on NTES, click to register at: www.wallstequities.com/registration/?symbol=NTES

Renren

Shares in Beijing, China headquartered Renren Inc. closed at $11.08, slightly down 0.45% from the last trading session. The stock recorded a trading volume of 516,565 shares. The Company's shares have gained 12.37% in the last month, 18.63% over the previous three months, and 30.35% over the past year. he stock is trading 3.40% and 32.73% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Renren, which operates a social networking Internet platform in China, have an RSI of 47.93.



On December 29th, 2017, Renren announced that it has entered into a definitive agreement to acquire 100% of Trucker Path Inc., a provider of a social platform for the Trucking industry in the US. At present, Trucker Path has more than 600,000 monthly active users, covering more than 33% of all US long haul truck drivers and maintains steady organic growth. For Renren's global business, the acquisition of Trucker Path means an entry into the Transportation sector. Join our big investor community at Wall St. Equities today and get your free report on RENN at: www.wallstequities.com/registration/?symbol=RENN

Yext Inc.


Shares in New York-based Yext Inc. closed at $12.68, slightly down 0.86% from the last trading session. The stock recorded a trading volume of 257,160 shares. The Company's shares have gained 1.93% in the last month and 5.14% over the previous three months. The stock is trading 0.99% above its 50-day moving average. Additionally, shares of Yext, which provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe, have an RSI of 57.51.

On January 16th, 2018, Yext announced early access for its Winter '18 Product Release. Packed with powerful, next-generation updates, the Winter '18 Release offers Company users an entirely new way to update their digital knowledge, deep insights to help them make informed decisions, and more. Know more about YEXT in our free research coverage at: www.wallstequities.com/registration/?symbol=YEXT

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