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Citigroup Inc downgraded Etsy Inc (NASDAQ:ETSY) to Neutral in a report released today.

Citigroup Inc has downgraded Etsy Inc (NASDAQ:ETSY) to Neutral in a report released on Thursday May 25, 2017.

Just yesterday Etsy Inc (NASDAQ:ETSY) traded 1.84% higher at $13.39. Etsy Inc’s 50-day moving average is $15.38 and its 200-day moving average is $12.99. The last stock price is up 27.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the date range. Volume of trade was up over the average, with 2,308,607 shares of ETSY changing hands over the typical 1,707,330

Performance Chart

Etsy Inc (NASDAQ:ETSY)

With a total market value of $0, Etsy Inc has with a one year low of $9.41 and a one year high of $16.69 .

A total of 7 equity analysts have released a research note on ETSY. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, six equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $10.93.

More About Etsy Inc (NASDAQ:ETSY)

Etsy, Inc. (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company's community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors. As of December 31, 2016, its platform connected 1.7 million active Etsy sellers and 28.6 million active Etsy buyers. Etsy sellers join its community to participate in its markets to express their creativity. Etsy sellers range from hobbyists to professional merchants, and have a range of personal and professional goals. Its supports a group of artists, makers, designers and collectors from around the world. Its services platform includes seller services, seller tools and education. The Company's seller services include Direct Checkout, Promoted Listings, Shipping Labels and Pattern by Etsy.

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