Morning Technical Insight on These Internet Stocks -- Bitauto, Meet Group, YY Inc., and Zillow
NEW YORK, Jan. 04, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on BITA, MEET, YY, and Z which can be accessed for free by signing up to www.wallstequities.com/registration. Today's pre-market research on WallStEquities.com is centered on the Internet Information Providers space, which offers dividend yields that are much higher than average compared with the wider market. Equities under review this morning are: Bitauto Holdings Ltd (NYSE: BITA), The Meet Group Inc. (NASDAQ: MEET), YY Inc. (NASDAQ: YY), and Zillow Group Inc. (NASDAQ: Z). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Bitauto Holdings
Beijing, China headquartered Bitauto Holdings Ltd's shares jumped 4.57%, finishing Wednesday's trading session at $34.35. A total volume 3.28 million shares were traded, which was higher than their three months average volume of 1.42 million shares. In the last month and over the past one year, the stock has advanced 18.08% and 74.01%, respectively. The Company's shares are trading slightly below their 200-day moving average by 0.39%. Moreover, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in China, have a Relative Strength Index (RSI) of 54.87.
On January 02nd, 2018, research firm Citigroup initiated a 'Buy' rating on the Company's stock. Get the full research report on BITA for free by clicking below at: www.wallstequities.com/registration/?symbol=BITA
Meet Group
On Wednesday, shares in New Hope, Pennsylvania headquartered The Meet Group Inc. recorded a trading volume of 563,602 shares, and ended the session 1.02% lower at $2.92. The stock has gained 16.80% in the last one month. The Company's shares are trading 4.51% above their 50-day moving average. Furthermore, shares of Meet Group, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, have an RSI of 55.00.
On December 19th, 2017, Meet Group pre-released selected preliminary financial information for its Q4 and full year 2017. For Q4 2017, expected revenue is at or above the high end of the prior outlook of $36.5 million to $38 million, and expected adjusted EBITDA is near or above the high end of the prior outlook of $7.5 million to $9.5 million. For the full year 2017, expected revenue is at or above the high end of the prior outlook of $120.1 million to $121.6 million, and expected adjusted EBITDA is near or above the high end of prior guidance of $28.6 million to $30.6 million. To experience our free membership services anytime/ anywhere and access the free report on MEET, click to register at: www.wallstequities.com/registration/?symbol=MEET
YY Inc.
Shares in Guangzhou, China headquartered YY Inc. closed at $119.36, down 1.73% from the last trading session. The stock recorded a trading volume of 1.26 million shares. The Company's shares have surged 18.49% in the last one month, 32.15% over the previous three months, and 202.56% over the past one year. The stock is trading 15.56% and 60.98% above its 50-day and 200-day moving averages, respectively. Additionally, shares of YY Inc., which through its subsidiaries, operates a live streaming platform in China, have an RSI of 64.38. Join our big investor community at Wall St. Equities today and get your free report on YY at: www.wallstequities.com/registration/?symbol=YY
Zillow Group
Seattle, Washington headquartered Zillow Group Inc.'s stock ended 1.15% higher at $42.97 with a total trading volume of 535,942 shares. The Company's shares have advanced 5.29% in the last month, 4.93% over the previous three months, and 15.45% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.66% and 3.86%, respectively. Furthermore, shares of Zillow, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 59.66.
On December 07th, 2017, StreetEasy, owned and operated by Zillow, announced that it has been named to Crain's New York Business 2017 list of 100 Best Places to Work in New York City for the third time. This is among a growing list of accolades that the Company has received based on its work practices and employee satisfaction. Most recently, the Company was recognized as one of the 2016 Best Places to Work in New York State by the New York State Society for Human Resource Management. Know more about Z in our free research coverage at: www.wallstequities.com/registration/?symbol=Z
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