This Morning's Technical Outlook on Internet Software & Services Stocks -- SINA Corp., Snap, Square, and VirnetX

NEW YORK, Feb. 6, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SINA, SNAP, SQ, and VHC 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 Software and Services space, which includes companies that develop and market Internet software and/or provide Internet services, including online databases and interactive services, web address registration services, database construction, and Internet design services. Under assessment this morning are: SINA Corp. (NASDAQ: SINA), Snap Inc. (NYSE: SNAP), Square Inc. (NYSE: SQ), and VirnetX Holding Corp. (NYSE AMER: VHC). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

SINA Corp.

Beijing, China headquartered SINA Corp.'s shares plummeted 4.26%, closing Monday's trading session at $107.77. The stock recorded a trading volume of 1.35 million shares, which was above its three months average volume of 1.02 million shares. The Company's shares have advanced 68.89% over the past year. The stock is trading 7.78% above its 200-day moving average. Additionally, shares of SINA, which through its subsidiaries, operates as an online media company in China, have a Relative Strength Index (RSI) of 41.67.  Get the full research report on SINA for free by clicking below at: www.wallstequities.com/registration/?symbol=SINA

Snap

On Monday, shares in Venice, California headquartered Snap Inc. recorded a trading volume of 20.60 million shares. The stock rose 1.02%, ending the day at $13.85. The Company's shares are trading below their 50-day moving average by 3.80%. Furthermore, shares of Snap, which operates as a camera company, have an RSI of 46.60. 

On February 01^st, 2018, Snap announced that Evan Spiegel, co-founder and CEO, will participate in the Goldman Sachs Technology and Internet Conference on February 15^th, 2018, at 11:35 a.m. PST. A live webcast and replay of the session will be available on the Company's Investor Relations website.

On February 05^th, 2018, research firm Stifel resumed its 'Hold' rating on the Company's stock, with a target price of $13 per share. SNAP's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=SNAP

Square

San Francisco, California headquartered Square Inc.'s stock finished the day 5.94% lower at $41.02 with a total trading volume of 16.49 million shares. The Company's shares have advanced 7.66% in the last month, 13.72% in the previous three months, and 187.25% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.74% and 36.13%, respectively. Additionally, shares of Square, which develops and provides payment processing, point-of-sale, financial, and marketing services worldwide, have an RSI of 46.10. 

On January 25^th, 2018, Square announced that it has acquired certain assets of Entrees On-Trays, a premier restaurant delivery service that has served the Dallas-Fort Worth metroplex since 1986. Square now welcomes to Caviar, its food ordering platform, dozens of the region's most popular restaurants, including Esperanza's, Terra Mediterranean, Chick-fil-A, and Riscky's Bar-B-Q. 

On February 05^th, 2018, research firm Susquehanna reiterated its 'Positive' rating on the Company's stock with an increase of the target price from $43 a share to $51 a share. Register for your free research report on SQ at: www.wallstequities.com/registration/?symbol=SQ

VirnetX Holding

Shares in Zephyr Cove, Nevada-based VirnetX Holding Corp. ended yesterday's session flat at $3.30. The stock recorded a trading volume of 181,362 shares. The Company's shares have advanced 34.69% over the past year. The stock is trading 13.43% below its 50-day moving average. Moreover, shares of VirnetX, which develops software and technology solutions for securing real-time communications over the Internet in the US, have an RSI of 31.37. 

On January 22^nd, 2018, VirnetX reported that The Maritime and Port Security Information Sharing and Analysis Organization (MPS-ISAO) announced the adoption of the VirnetX Gabriel Collaboration Suite to enable and sustain trusted and secure bi-directional communications command and control of data transmissions between the MPS-ISAO and MPS-ISAO members and intelligence partners. Wall St. Equities' downloadable research report on VHC is available at: www.wallstequities.com/registration/?symbol=VHC

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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. 

WSE 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 WSE. WSE 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

WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-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: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities