Momentum Indicators for Internet Software and Services Stocks - Yahoo!, Yelp, SouFun Holdings, Twitter, and GrubHub
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LONDON, December 4, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Yahoo! Inc. (NASDAQ: YHOO), Yelp Inc. (NYSE: YELP), SouFun Holdings Ltd (NYSE: SFUN), Twitter Inc. (NYSE: TWTR), and GrubHub Inc. (NYSE: GRUB). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 701.39, up 0.46%, with the index advancing 6.09% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Yahoo! Inc.'s stock edged 0.77% lower, to close the day at $50.28. The stock recorded a trading volume of 14.21 million shares, much below its three months average volume of 37.98 million shares. The company's shares oscillated between $50.20 and $50.97 during the session. Over the last one month and over the past three months, Yahoo! Inc.'s shares have surged 8.50% and 29.35%, respectively. Further, the stock has gained an upside of 24.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Yahoo! Inc.'s shares 50-day moving average of $44.91 is above its 200-day moving average of $38.50. Additionally, the stock traded at a PE ratio of 37.90 and has a Relative Strength Index (RSI) of 60.87. Sign up and read the free notes on YHOO at:
www.Investor-Edge.com/YHOO-04Dec2014
On Wednesday, shares in Yelp Inc. recorded a trading volume of 1.61 million shares, lower than its three months average volume of 3.32 million shares. The stock ended the day at $54.77, which was 0.73% below its previous day's closing of $55.17, and registered an intraday range of $54.58 and $55.93. Shares of the company traded at a PE ratio of 2738.50. Yelp Inc.'s shares have lost 4.06% in the previous three trading sessions, 10.68% in the last one month, and 20.57% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $62.90 and $70.89, respectively. Furthermore, shares of Yelp Inc. have an RSI of 38.01. The complimentary notes on YELP can be downloaded as in PDF format at:
www.Investor-Edge.com/YELP-04Dec2014
SouFun Holdings Ltd's stock edged 0.58% higher to end Wednesday's session at $8.73. The stock recorded a trading volume of 6.78 million shares, above its three months average volume of 6.37 million shares. The company's shares fluctuated between $8.54 and $8.96 during the session. Shares of the company traded at a PE ratio of 4.01. SouFun Holdings Ltd's shares have plummeted 47.03% since the beginning of 2014. Further, the stock has lost 5.52% over the last one month and 28.68% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. SouFun Holdings Ltd's shares 200-day moving average of $11.59 is above its 50-day moving average of $9.43. Additionally, the stock has an RSI of 47.62. Register for free on Investor-Edge and access the latest research on SFUN at:
www.Investor-Edge.com/SFUN-04Dec2014
On Wednesday, shares in Twitter Inc. fluctuated between $38.38 and $39.42 before ending the session 0.39% higher at $39.06. The stock reported a trading volume of 13.20 million shares, lower than its three months average volume of 26.95 million shares. Twitter Inc.'s stock has declined 6.42% in the previous three trading sessions, 2.86% in the last one month, and 38.63% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $45.90 and $43.91, respectively. Moreover, shares of Twitter Inc. have an RSI of 38.23. The complete research on TWTR is available for free at:
www.Investor-Edge.com/TWTR-04Dec2014
GrubHub Inc.'s stock finished Wednesday's session 0.42% higher at $36.08. A total of 1.41 million shares were traded, which was above its three months average volume of 1.30 million shares. The stock vacillated between $35.16 and $36.86 during the session. Over the last one month and over the past three months, GrubHub Inc.'s shares have fallen by 0.93% and 11.66%, respectively. Additionally, the company's shares are trading above their 50-day moving average of $35.59. GrubHub Inc.'s stock has an RSI of 53.61. Free in depth research on GRUB is available at:
www.Investor-Edge.com/GRUB-04Dec2014
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