Yandex NV (NASDAQ:YNDX) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Having a price of $21.54, Yandex NV (NASDAQ:YNDX) traded 1.16% higher on the day. With the last stock price up 10.06% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. YNDX has recorded a 50-day average of $21.90 and a two hundred day average of $19.80. Trade Volume was down over the average, with 73,159 shares of YNDX changing hands under the typical 2,146,100
Zacks Investment Research has downgraded Yandex NV (NASDAQ:YNDX) to Sell in a statement released on 09/22/2016.
Recent Performance Chart
Yandex NV has PE ratio of 21.45 with a one year low of $10.30 and a one year high of $23.87 and has a market capitalization of $0.
A total of 17 equity analysts have released a ratings update on YNDX. Four equity analysts rating the company a strong buy, seven analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $18.22.
About Yandex NV (NASDAQ:YNDX)
Yandex N.V. (Yandex) is an Internet and technology company, and operates an Internet search engine. The Company' s segments include Search and Portal, offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company's users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices; E-commerce, which includes Yandex.Market e-commerce gateway service that gives retailers an additional platform to reach customers seeking specific retailer, product or price information; Classifieds, which includes online advertising and listing services, and Taxi, which offers online transportation service delivered through Yandex and Taxi operates in over 10 cities across Russia and in Minsk, Belarus. It also operates Experimental businesses, such as media services, Yandex Data Factory, discovery services, and search and portal.
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