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28.07.2017 12:20:00

Technical Reports on Internet Equities -- Groupon, YY Inc., Zillow, and 58.com

NEW YORK, July 28, 2017 /PRNewswire/ --

If you want a Stock Review on GRPN, YY, Z, or WUBA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today's research on DailyStockTracker.com is focused on the following Internet Information Providers stocks: Groupon Inc. (NASDAQ: GRPN), YY Inc. (NASDAQ: YY), Zillow Group Inc. (NASDAQ: Z), and 58.com Inc. (NYSE: WUBA). Goldman Sachs wrote in a note to clients earlier this week that Information Technology and Financials returns have diverged twice during the past nine months after years of consistently high-return correlation. The finance firm expects that both sectors will outperform going forward, but for different reasons - change in growth and growth, respectively. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:

http://dailystocktracker.com/register/ 


Groupon
 

On Thursday, shares in Chicago, Illinois headquartered Groupon Inc. saw a slight drop of 0.27%, ending the day at $3.75. The stock recorded a trading volume of 6.21 million shares. The Company's shares have advanced 9.33% in the last one month and 12.95% since the start of this year. The stock is trading above its 50-day moving average by 9.41%. Moreover, shares of Groupon, which operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, Middle-East, Africa, and internationally, have a Relative Strength Index (RSI) of 54.74.

On July 17th, 2017, Groupon announced that the Company intends to hold a conference call to discuss its Q2 2017 financial results on August 02nd, 2017, at 10:00 a.m. EDT. The live webcast of the call may be accessed on the Company's investor website.

On July 21st, 2017, research firm Bank of America/ Merrill resumed its 'Underperform' rating on the Company's stock, with a target price of $3.50 per share. GRPN complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=GRPN 


YY Inc.
 

Shares in Guangzhou, the People's Republic of China headquartered YY Inc. ended the day 0.72% lower at $70.64. A total volume of 1.29 million shares was traded, which was above their three months average volume of 1.25 million shares. In the last month and the previous three months, the stock has gained 24.50% and 45.86%, respectively. Additionally, the Company's shares have advanced 79.20% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 19.18% and 43.36%, respectively. Furthermore, shares of YY Inc., which through its subsidiaries, operates a live streaming platform in the People's Republic of China, have an RSI of 69.54.

On July 26th, 2017, YY Inc. announced that it plans to release its Q2 2017 financial results on August 10th, 2017, before market open. The Company will hold a conference call on that same day at 8:00 a.m. ET to discuss the financial results. A live and archived webcast of the conference call will be available on the Company's investor relations website. The complimentary report on YY can be downloaded at:

http://dailystocktracker.com/registration/?symbol=YY


Zillow 

At the close of trading on Thursday, shares in Seattle, Washington headquartered Zillow Group Inc. finished 1.14% lower at $44.92 with a total trading volume of 851,688 shares. The stock has advanced 13.58% over the previous three months and 23.17% on an YTD basis. The Company's shares are trading above their 200-day moving average by 16.97%. Additionally, shares of Zillow Group, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 44.62.

On July 25th, 2017, Zillow Group announced that it will release its Q2 2017 financial results after the market close on August 08th, 2017. CEO Spencer Rascoff and CFO Kathleen Philips will host a live conference call and webcast at 5:00 p.m. ET on that same day to discuss the results. The live webcast and a recorded replay of the conference call will be available on the Company's investor relations website. Sign up for your complimentary research report on Z at:

http://dailystocktracker.com/registration/?symbol=Z


58.com 

Beijing, the People's Republic of China headquartered 58.com Inc.'s shares recorded a trading volume of 1.02 million shares at the end of yesterday's session. The stock closed the day 0.12% higher at $50.69. The Company's shares have advanced 15.89% in the past month, 28.75% in the previous three months, and 81.04% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 12.88% and 34.02%, respectively. Additionally, shares of 58.com, which operates online classifieds and listing platforms that enable local merchants and consumers to connect, share information, and conduct business in China, have an RSI of 71.90.

On June 28th, 2017, 58.com has filed amendment No. 1 to its Form 20-F for the fiscal year ended December 31st, 2016 with the SEC. The amendment can be accessed on the Company's investor relations website as well as the SEC's website. Complimentary report on WUBA can be downloaded at:

http://dailystocktracker.com/registration/?symbol= WUBA

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