TMCnet News

How These Internet Stocks are Performing? -- Momo, NetEase, GoDaddy, and Square
[November 21, 2017]

How These Internet Stocks are Performing? -- Momo, NetEase, GoDaddy, and Square


NEW YORK, Nov. 21, 2017 /PRNewswire/ -- If you want a Stock Review on MOMO, NTES, GDDY, or SQ then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Monday, November 20, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. US markets saw five out of nine sectors finishing the day in green and four in red. Taking into consideration yesterday's market sentiment, DailyStockTracker.com assessed the following Internet Software & Services equities this morning: Momo Inc. (NASDAQ: MOMO), NetEase Inc. (NASDAQ: NTES), GoDaddy Inc. (NYSE: GDDY), and Square Inc. (NYSE: SQ).

Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at: http://dailystocktracker.com/register/

Momo Inc.

On Monday, shares in Beijing, China headquartered Momo Inc. recorded a trading volume of 5.22 million shares. The stock ended at $32.94, rising 5.51% from the last trading session. The Company's shares have gained 54.65% in the last twelve months and 79.22% on an YTD basis. The stock is trading above its 50-day moving average by 2.13%. Furthermore, shares of Momo, which operates as a mobile-based social networking platform in China, have a Relative Strength Index (RSI) of 58.61. See our free and comprehensive research report on MOMO at: http://dailystocktracker.com/registration/?symbol=MOMO

NetEase

Beijing, the People's Republic of China-based NetEase Inc.'s stock finished yesterday's session 6.38% lower at $344.07. A total volume of 3.48 million shares was traded, which was above their three months average volume of 1.40 million shares. The Company's shares have gained 24.38% in the last month, 24.21% over the previous three months, 49.07% in the last twelve months, and 59.78% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 21.93% and 20.05%, respectively. Furthermore, shares of NetEase, which operates an interactive online community in China, have an RSI of 66.84.

On November 17th, 2017, research firm Nomura upgraded the Company's stock rating from 'Neutral' to 'Buy'. NTES free research report PDF is just a click away at: http://dailystocktracker.com/registration/?symbol=NTES

GoDaddy

At the close of trading on Monday, shares in Scottsdale, Arizona headquartered GoDaddy Inc. saw a rise of 1.27%, ending the day at $50.18. The stock recorded a trading volume of 1.03 million shares. The Company's shares have advanced 11.51% in the last month, 19.85% in the previous three months, 45.91% over the last twelve months, and 43.58% since the start of this year. The stock is trading above its 50-day and 20-day moving averages by 10.77% and 21.29%, respectively. Moreover, shares of GoDaddy, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 79.45.



On November 13th, 2017, research firm Piper Jaffray reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $53 a share to $60 a share. Sign up for your complimentary report on GDDY at: http://dailystocktracker.com/registration/?symbol=GDDY

Square


San Francisco, California headquartered Square Inc.'s shares ended the day 2.33% higher at $45.21 with a total trading volume of 28.59 million shares, which was above their three months average of 8.82 million shares. The stock has gained 39.11% in the last month, 78.41% in the previous three months, 271.79% over the last twelve months, and 231.69% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 37.76% and 88.25%, respectively. Additionally, shares of Square, which develops and provides payment processing, point-of-sale, financial, and marketing services worldwide, have an RSI of 88.88.

On November 17th, 2017, research firm Evercore ISI upgraded the Company's stock rating from 'In-line' to 'Outperform'. Register for free on DailyStockTracker.com and download the latest research report on SQ at: http://dailystocktracker.com/registration/?symbol=SQ

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.

 

View original content:http://www.prnewswire.com/news-releases/how-these-internet-stocks-are-performing----momo-netease-godaddy-and-square-300560071.html

SOURCE dailystocktracker.com


[ Back To TMCnet.com's Homepage ]