A report released today by BofA Merrill about YY (NASDAQ:YY) ups the target price to $60.00
- Updated: November 28, 2016
Just yesterday YY (NASDAQ:YY) traded -5.25% lower at $46.84. The company’s 50-day moving average is $49.38 and its 200-day moving average is $45.66. The last closing price is up -2.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,473,994 shares of YY traded, up from an avg. volume of 1,411,990
In a report released on 11/28/2016 BofA Merrill increased the stock price target of YY (NASDAQ:YY) to $60.00 reporting a possible upside of 0.28%.
With a total market value of $0, YY has price-earnings ratio of 16.19 with a one year low of $31.07 and a one year high of $65.53 .
Brief Synopsis About YY (NASDAQ:YY)
YY Inc. (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company's segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. It owns the domain names of YY.com, Duowan.com, 100.com, Huya.com, Edu24ol.com and Zhiniu8.com. The Company's YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. Its product, YY Client, enables users to engage in live interactions online. Its Web-based YY enables users to conduct real-time interactions through Web browsers without requiring any downloads or installations.
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