NEW YORK, October 10, 2016 /PRNewswire/ --
Last Friday, the US indices ended the trading session in red, with the NASDAQ Composite down 0.27%; the Dow Jones Industrial Average edging 0.15% lower; and the S&P 500 closing down 0.33%. Eight out of nine sectors ended in negative territories. On Monday morning, Stock-Callers.com is reviewing these four internet software and services stocks: Square Inc. (NYSE: SQ), Momo Inc. (NASDAQ: MOMO), GoDaddy Inc. (NYSE: GDDY), and Renren Inc. (NYSE: RENN). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Square
San Francisco, California headquartered Square Inc.'s stock finished Friday's session 0.35% lower at $11.48 with a total volume of 1.66 million shares traded. Shares of Square, which develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide, have gained 24.24% in the previous three months. The Company's shares are trading above its 200-day moving average by 3.48%. Square's stock has a Relative Strength Index (RSI) of 47.45.
On October 6th, 2016, research firm Keefe Bruyette initiated a 'Market Perform' rating on the Company's stock. Free research report on SQ is available at:
http://stock-callers.com/registration/?symbol=SQ
Momo Inc.
Beijing, the People's Republic of China headquartered Momo Inc.'s stock fell 3.32%, to close the day at $23.60. The stock recorded a trading volume of 2.06 million shares. Shares of Momo, which operates as a mobile-based social networking platform in the People's Republic of China, have surged 88.05% in the previous three months and 81.82% in the past one year. The Company's shares are trading 16.83% and 60.70% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 171.01 and has an RSI of 56.90.
On September 14th, 2016, research firm Credit Suisse initiated an 'Outperform' rating on the Company's stock, issuing a target price of $29 per share. The complimentary research report on MOMO can be downloaded at:
http://stock-callers.com/registration/?symbol=MOMO
GoDaddy
On Friday, shares in Scottsdale, Arizona headquartered GoDaddy Inc. ended the session 1.08% higher at $35.48 with a total volume of 1.61 million shares traded. GoDaddy's shares have gained 8.87% in the last one month and 16.25% in the previous three months. Furthermore, the stock has surged 35.06% in the past one year. The stock is trading 8.02% above its 50-day moving average and 13.49% above its 200-day moving average. Moreover, shares of the Company, which designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the US and internationally, have an RSI of 67.92. Visit us today and access our complete research report on GDDY at:
http://stock-callers.com/registration/?symbol=GDDY
Renren
On Friday, shares in Beijing, the People's Republic of China headquartered Renren Inc. recorded a trading volume of 1.08 million shares, which was higher than their three months average volume of 753,410 shares. The stock ended the day 6.94% lower at $2.28. Shares of Renren, which operates a social networking Internet platform in the People's Republic of China, have gained 15.15% in the last one month and 23.91% in the previous three months. The Company is trading above its 50-day moving average by 20.32%. Furthermore, shares of Renren have an RSI of 61.46. Get free access to your research report on RENN at:
http://stock-callers.com/registration/?symbol=RENN
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