This Morning's Research Reports on Internet Stocks -- TripAdvisor, Wix.com, YY Inc., and Zillow
NEW YORK, March 16, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on TRIP, WIX, YY, and Z which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on TripAdvisor Inc. (NASDAQ: TRIP), Wix.com Ltd (NASDAQ: WIX), YY Inc. (NASDAQ: YY), and Zillow Group Inc. (NASDAQ: Z). As of March 12th, 2018, the Internet Information Providers industry has a total of 34,367 granted patents and 90,761 patent applications distributed into 62,472 patent families, according to a PatSnap report. Based on the countries of patent applications, the key markets are USA, WIPO (PCT), and Japan, the report further noted. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
TripAdvisor
Needham, Massachusetts headquartered TripAdvisor Inc.'s stock finished Thursday's session 0.70% lower at $43.74 with a total trading volume of 2.18 million shares. The Company's shares have advanced 9.68% in the past month, 24.62% in the previous three months, and 2.41% over the past year. The stock is trading 13.48% above its 50-day moving average and 14.09% above its 200-day moving average. Additionally, shares of TripAdvisor, which operates as an online travel company, have a Relative Strength Index (RSI) of 62.80.
On February 16th, 2018, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $35 a share to $41 a share.
On February 21st, 2018, TripAdvisor announced the winners of its Travelers' Choice® awards for Beaches. Grace Bay in Turks and Caicos won the top honor as the best beach in the world this year, up from the number two ranking last year and reclaiming the top spot it held in 2016. Florida's Clearwater Beach was the number one beach in America, up three spots from its US ranking one year ago and capturing the top spot in the country it held in 2016. Get the full research report on TRIP for free by clicking below at:
www.wallstequities.com/registration/?symbol=TRIP
Wix.com
On Thursday, shares in Tel Aviv, Israel headquartered Wix.com Ltd recorded a trading volume of 329,381 shares. The stock ended the session 0.96% lower at $82.40. The Company's shares have surged 25.71% in the last month, 49.28% in the previous three months, and 20.29% over the past year. The stock is trading 22.03% above its 50-day moving average and 24.64% above its 200-day moving average. Moreover, shares of Wix.com have an RSI of 71.12. Download our actionable research report on WIX at:
www.wallstequities.com/registration/?symbol=WIX
YY Inc.
Guangzhou, China headquartered YY Inc.'s shares closed the day 1.00% lower at $117.04. The stock recorded a trading volume of 2.04 million shares, which was higher than its three months average volume of 1.48 million shares. The Company's shares have gained 10.09% over the previous three months and 148.70% over the past year. The stock is trading 25.15% above its 200-day moving average. Additionally, shares of YY Inc., which through its subsidiaries, operates a live streaming platform in China, have an RSI of 41.15.
On March 06th, 2018, research firm CLSA downgraded the Company's stock rating from 'Buy' to 'Outperform'.
On March 06th, 2018, YY Inc. announced its unaudited financial results for Q4 and full year of 2017. For Q4 2017, net revenues were RMB3,626.5 million (US$557.4 million), and net income attributable to the Company was RMB740.4 million (US$113.8 million). For the full year 2017, net revenues were RMB11,594.8 million (US$1,782.1 million), and net income attributable to the Company was RMB2,493.2 million (US$383.2 million). Register for your free report coverage on YY at:
www.wallstequities.com/registration/?symbol=YY
Zillow Group
Shares in Seattle, Washington headquartered Zillow Group Inc. finished 0.75% lower at $58.20. The stock recorded a trading volume of 1.70 million shares, which was higher than its three months average volume of 1.21 million shares. The Company's shares have surged 30.14% in the last month, 43.63% in the previous three months, and 58.37% over the past year. The stock is trading above its 50-day and 200-day moving averages by 25.05% and 33.88%, respectively. Furthermore, shares of Zillow have an RSI of 81.82.
On March 07th, 2018, Zillow, which is owned and operated by Zillow Group, announced that according to its 2018 Best Markets for First-Time Buyers Analysis, first-time buyers, who are looking for an affordable home without much competition, will have the best luck in Tampa, Florida. Zillow ranked the 35 largest US housing markets, based on where first-time buyers have the best chance to find an affordable home with little buyer competition and strong forecasted home value appreciation. Get the free research report on Z at:
www.wallstequities.com/registration/?symbol=Z
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