Zacks Investment Research downgraded Changyou.Com Ltd (ADR) (NASDAQ:CYOU) to Hold in a report released today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded Changyou.Com Ltd (ADR) (NASDAQ:CYOU) to Hold in a report released on 10/4/2016.
Yesterday Changyou.Com Ltd (ADR) (NASDAQ:CYOU) traded 2.20% higher at $27.46. The company’s 50-day moving average is $25.46 and its 200-day moving average is $21.06. The last closing price is up 30.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 276,104 shares of the stock traded hands, up from an average trading volume of 270,072
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Changyou.Com Ltd (ADR) has a 52 week low of $15.21 and a 52 week high of $30.28 with a P/E ratio of 7.85 The company’s market cap is currently $0.
General Information About Changyou.Com Ltd (ADR) (NASDAQ:CYOU)
Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company's segments include Online Game segment, which consists of PC games, mobile games and Web games, and the Platform Channel segment, which consists primarily of online advertising services on the 17173.com Website, and a relatively small amount of Internet value-added services (IVAS). PC games are interactive online games that may be played simultaneously by hundreds of thousands of game players; mobile games are played on mobile devices and require an Internet connection, and Web games are online games that are played through a Web browser with no local game software installation requirements. The Company's 17173.com Website is an information portal in China, which provides news, electronic forums, online videos and other information services on online games to game players.
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