|Bid||79.30 x 800|
|Ask||79.99 x 800|
|Day's Range||79.12 - 83.25|
|52 Week Range||55.55 - 125.86|
|Beta (3Y Monthly)||1.89|
|PE Ratio (TTM)||19.71|
|Earnings Date||Jun 3, 2019 - Jun 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||93.11|
During Thursday night's fast paced Lightning Round of Jim Cramer's Mad Money program on CNBC, Jim responded to a query on YY Inc. In this daily bar chart of YY, below, we can see what appears to be a saucer base pattern, but let's look closer. Trading volume does jump sharply earlier this month, but the overall pattern of volume from August does not exactly fit the pattern I like to see on a saucer - heavier on the left side of the pattern, drying up in the middle, and then increasing on the right side of the base.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said Bank of America Corp (NYSE: BAC ) is too inexpensive. He wouldn't sell it and if it trades lower, he would buy more. Cramer is not a buyer ...
Stuck in a trading range since last August 2018, YY (NASDAQ: YY) stock might start to break out after reporting fourth-quarter earnings that beat analysts' consensus estimates. In its report posted on March 4, YY reported that its revenue had grown 28% from last year's Q4. The live-streaming social media giant's results may spur investors interested in exposure to the Chinese market to buy YY stock. Fourth-Quarter HighlightsYY reported revenue of RMB4,640.9 million or $675 million for Q4. For the year, its revenue grew 36% to US $2.3 billion. YY attributed the strong quarterly performance of both YY Live. its live online streaming product, and Huya, its video-game-broadcasting business, to the company's expansion of its user base.Though revenue grew 28%, cost of revenues increased 37.2%. The latter surge was caused by higher revenue-sharing fees and content costs. YY ended 2018 with $873.3 million in cash and cash equivalents, or $13.75 per share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dow Jones Stocks to Buy Strong Game Titles, Strong Q1 OutlookYY entered the global market for the first time with its HAGO video game. The company released the game in 33 countries and regions around the world. In Q4, the social game attracted 20.9 million monthly average users. In both Indonesia and Vietnam, the game reached the top of the charts of Apple's (NASDAQ: AAPL) App Store and Alphabet's (NASDAQ: GOOG) Google Play.YY achieved strong growth by offering its content to the right set of users. It continues to upgrade its AI algorithms, enabling its targeting to become more and more accurate. The company's investments in AI gave it the confidence to issue strong Q1 guidance.YY forecast that its net revenues would surge 23.4% - 28% YoY, excluding the contribution from its acquisition of Bigo Inc. A Closer Look at the Acquisition of BigoYY's acquisition of the 68.3% stake of Bigo it didn't previously own could boost the company's long-term growth rate, causing the gains of YY stock to accelerate. YY paid a total of $1.452 billion in cash and stock for Bigo.The owner of BIGO LIVE, a short-form video social platform, Bigo attracts many young users in multiple markets around the world. Bigo's popularity will ensure that it remains entrenched in Southeast Asia, Southern Asia, and the Middle East.Bigo will continue to expand to more regions,. further fueling its growth. The Fair Value of YY StockThe four analysts who cover YY Inc. stock have an average 12-month price target on YY stock of $86. In early afternoon trading, YY stock was changing hands for nearly $76 per share. Despite the potential gains of YY Inc stock, analysts from Nomura and UBS both have "hold" ratings on YY stock. Following the company's strong Q4 results, however, these research firms may upgrade their ratings on YY Inc stock.The average fair value of YY stock calculated by finbox.io users is even more bullish than the average price target of Wall Street analysts. Finbox.io users' average price target on YY Inc stock is $118. The Bottom Line on YY StockYY is not a popular China-based stock. Investors would prefer to hold Alibaba (NYSE: BABA) or JD.com, Inc. (NASDAQ: JD). Yet if markets turn their attention to growing social media firms in the video-sharing space, YY stock will attract more investors.As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Should Be Worried About a Data Dividend * 5 Cheap ETFs Worth Considering * 7 Cheap Stocks Under $5 That Could Soar Compare Brokers The post Live-Stream Social Media Is Hot and So Is YY Stock appeared first on InvestorPlace.
YY stock jumped Tuesday, one of two China internet stocks that reported after the market close Monday. Huya stock initially surged then gave up most of those gains. Both beat estimates.
GUANGZHOU, China, March 05, 2019 -- YY Inc. (NASDAQ: YY) (“YY” or the “Company”), a leading live streaming social media platform in China, today announced its unaudited.
YY Inc. (YY) (“YY” or the “Company”), a leading live streaming social media platform in China, today announced its recent acquisition of the remaining approximately 68.3% of all the issued and outstanding shares of Bigo Inc (“Bigo”) from the other shareholders of Bigo, including Mr. David Xueling Li, Chairman and acting CEO of YY, for an aggregate purchase price of US$1,452,778,383, comprising of US$343,061,583 in cash, 38,326,579 Class B common shares of YY issued to Mr. Li and 313,888,496 Class A common shares of YY issued to Mr. Li and other selling shareholders of Bigo. Prior to the transaction, the Company owned approximately 31.7% of all the issued and outstanding shares of Bigo on a fully diluted and as-converted basis.
YY (NASDAQ: YY ) releases its next round of earnings this Monday, March 4. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report. Earnings and Revenue Sell-side analysts ...
YY's (YY) fourth-quarter 2018 results are likely to benefit from innovative content, technology and product developments despite macroeconomic uncertainty.
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The fourth quarter stock plunge was the perfect buying opportunity for value investors. Did Berkshire Hathaway's portfolio jump in to buy?
GUANGZHOU, China, Feb. 20, 2019 -- YY Inc. (NASDAQ:YY) ("YY" or the "Company"), a leading live streaming social media platform in China, today announced that it plans to.
NEW YORK, Feb. 04, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.