Internet Stocks' Research Reports Released on VeriSign, Weibo, Yandex, and Yelp Inc.
NEW YORK, Feb. 26, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on VRSN, WB, YNDX, and YELP which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com tracks the current performance of VeriSign Inc. (NASDAQ: VRSN), Weibo Corp. (NASDAQ: WB), Yandex N.V. (NASDAQ: YNDX), and Yelp Inc. (NYSE: YELP). Internet Information Provider companies operate media outlets through the Internet. They generally focus on a specific sector and tailor their content likewise. All you have to do is sign up today for this free limited time offer by clicking the link below.
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VeriSign
Last Friday, shares in Virginia headquartered VeriSign Inc. ended the session 2.37% higher at $117.64. The stock recorded a trading volume of 742,427 shares. The Company's shares have advanced 1.62% in the last month, 1.36% in the previous three months, and 42.77% over the past year. The stock is trading 3.62% and 12.46% above its 50-day and 200-day moving averages, respectively. Moreover, shares of VeriSign, which provides domain name registry services and Internet security worldwide, have a Relative Strength Index (RSI) of 57.56.
On February 15(th), 2018, VeriSign announced that its Q4 2017 closed with approximately 332.4 million domain name registrations globally across all top-level domains - an increase of approximately 1.7 million domain name registrations as of December 31(st), 2017. This increase equates to a growth rate of 0.5% over Q3 2017. Domain name registrations have grown by 0.9% year-over-year. Get the full research report on VRSN for free by clicking below at:
www.wallstequities.com/registration/?symbol=VRSN
China headquartered Weibo Corp.'s stock gained 3.73%, to close the day at $139.74 with a total trading volume of 1.76 million shares. The Company's shares have advanced 8.68% in the past month, 16.90% over the previous three months, and 185.83% over the past year. The stock is trading 16.64% and 44.38% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Weibo, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, have an RSI of 64.43.
On February 13(th), 2018, Weibo announced its unaudited financial results for Q4 and fiscal year ended December 31(st), 2017. For Q4 2017, net revenues totaled $377.4 million, net income attributable to the Company was $131.0 million, and adjusted EBITDA was $161.9 million. For FY17, net revenues totaled $1.15 billion, net income attributable to the Company was $352.6 million, and adjusted EBITDA was $471.3 million.
On February 14(th), 2018, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $110 a share to $148 a share. Gain free access to the research report on WB at:
www.wallstequities.com/registration/?symbol=WB
Yandex
Shares in Russia headquartered Yandex N.V. recorded a trading volume of 3.14 million shares at the close of the last trading session, which was above their three months average volume of 2.56 million shares. The stock ended the day 0.24% higher at $42.49. The Company's shares have advanced 12.20% in the last month, 23.95% over the previous three months, and 78.98% over the past year. The stock is trading above its 50-day and 200-day moving averages by 18.07% and 33.66%, respectively. Furthermore, shares of Yandex, which operates an Internet search engine in Russia and internationally, have an RSI of 68.41.
On February 07(th), 2018, Yandex and Uber announced that the merger of Yandex.Taxi and the Uber ride-sharing businesses in Russia and neighboring countries has closed. At closing, Uber invested $225 million, and Yandex invested $100 million in cash in the combined company. The combined business has more than $400 million in cash on hand at closing, with a combined company valuation in excess of $3.8 billion on a post money basis.
On February 08(th), 2018, research firm JP Morgan resumed its 'Overweight' rating on the Company's stock, with a target price of $47 per share. Signing up today on Wall St. Equities will give you access to the latest report on YNDX at:
www.wallstequities.com/registration/?symbol=YNDX
Yelp Inc.
California headquartered Yelp Inc.'s shares finished Friday's session 1.42% higher at $44.23. A total volume of 740,302 shares was traded. The stock has advanced 4.07% in the last month and 32.15% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 3.28% and 12.02%, respectively. Furthermore, shares of Yelp have an RSI of 57.54.
On February 07(th), 2018, Yelp announced its financial results for Q4 and full year ended December 31(st), 2017. For Q4 2017, net revenue was $218.2 million, GAAP net income was $142.1 million, and adjusted EBITDA was $41.6 million. For the full year 2017, net revenue was $846.8 million, GAAP net income was $152.9 million, and adjusted EBITDA was $156.6 million. Register now for today's free coverage on YELP at:
www.wallstequities.com/registration/?symbol=YELP
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