Bank of America Corp. announced YY Inc (ADR) (NASDAQ:YY), bumping up its stock price target to $60.00 today
- Updated: November 28, 2016
In a report released on 11/28/2016 Bank of America Corp. increased the stock price target of YY Inc (ADR) (NASDAQ:YY) to $60.00 reporting a possible upside of 0.34%.
Just yesterday YY Inc (ADR) (NASDAQ:YY) traded -5.25% lower at $44.70. YY Inc (ADR)’s 50-day moving average is $49.38 and its 200-day moving average is $45.66. The last closing price is down -2.80% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,473,994 shares of YY traded hands, up from an average trading volume of 1,411,990
Recent Performance Chart
YY Inc (ADR) has 52 week low of $31.07 and a 52 week high of $65.53 with a PE ratio of 16.19 and has a market capitalization of $0.
Brief Synopsis On YY Inc (ADR) (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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