Pre-Market Technical Pulse on Internet Stocks -- Fang, Alphabet, Match, and Redfin
NEW YORK, Nov. 22, 2017 /PRNewswire/ -- If you want a Stock Review on SFUN, GOOG, MTCH, or RDFN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com scans the performance of Fang Holdings Ltd (NYSE: SFUN), Alphabet Inc. (NASDAQ: GOOG), Match Group Inc. (NASDAQ: MTCH), and Redfin Corp. (NASDAQ: RDFN). These companies operate in the Internet Information Providers Service industry, which provides not only information but also interactive services, allowing people to purchase goods, make reservations, and apply to offers on goods or services directly online. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
http://dailystocktracker.com/register/
Fang Holdings
Beijing, China-based Fang Holdings Ltd's stock finished Tuesday's session 3.38% lower at $4.58 with a total trading volume of 2.24 million shares. The Company's shares have advanced 8.27% in the past month, 27.58% in the previous three months, and 39.63% since the start of this year. The stock is trading 4.44% above its 50-day moving average and 27.85% above its 200-day moving average. Additionally, shares of Fang, which operates a real estate Internet portal through which it provides e-commerce, marketing, listing, financial, and value-added services, have a Relative Strength Index (RSI) of 50.93.
On November 17th, 2017, Fang announced its unaudited financial results for the fiscal quarter ended September 30th, 2017. Total revenues for Q3 2017 were $112.2 million, operating income was $18.4 million, net income was $15.2 million, and net cash generated from operating activities was $57.8 million. As of September 30th, 2017, the Company had cash, cash equivalents, and short-term investments of $543.3 million. SFUN complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=SFUN
Alphabet
On Tuesday, shares in Mountain View, California headquartered Alphabet Inc. recorded a trading volume of 1.10 million shares. The stock ended the session 1.58% higher at $1,034.49. The Company's shares have advanced 6.82% in the last one month, 11.60% in the previous three months, and 34.03% on an YTD basis. The stock is trading 5.47% above its 50-day moving average and 12.52% above its 200-day moving average. Moreover, shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, have an RSI of 64.45. The complimentary report on GOOG can be downloaded at:
http://dailystocktracker.com/registration/?symbol=GOOG
Match Group
Dallas, Texas headquartered Match Group Inc.'s shares closed the day 3.51% higher at $29.77. The stock recorded a trading volume of 1.45 million shares. The Company's shares have gained 18.46% in the last month, 59.97% over the previous three months, and 74.09% on an YTD basis. The stock is trading 15.74% and 48.26% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Match Group, which provides dating products, have an RSI of 67.54.
On November 13th, 2017, research firm Aegis Capital reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $29 a share to $32 a share.
On November 17th, 2017, Match Group announced that it has agreed to sell $450 million aggregate principal amount of 5.000% senior notes due 2027 in a private offering. This Offering is expected to close on December 04th, 2017, with gross proceeds from the Offering of approximately $445.6 million. Sign up for your complimentary report on MTCH at:
http://dailystocktracker.com/registration/?symbol=MTCH
Redfin
Shares in Seattle, Washington headquartered Redfin Corp. finished 0.34% lower at $20.78. The stock recorded a trading volume of 419,859 shares. The Company's shares are trading below their 50-day moving average by 15.12%. Furthermore, shares of Redfin, which operates as a real estate brokerage company in the US, have an RSI of 35.50.
On November 09th, 2017, Redfin announced financial results for Q3 ended September 30th, 2017. Revenue increased to $109.5 million during Q3 2017, net income was $10.6 million, and GAAP net loss per diluted share of common stock was $0.50. For Q4 2017, the Company expects revenue to be between $89.2 million and $93.2 million, and net loss to be between $6.0 million and $3.9 million. Download the research report for free on RDFN at:
http://dailystocktracker.com/registration/?symbol=RDFN
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 DST. DST 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
DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly.If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207) 331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article