Technical Reports on Internet Equities -- SINA Corp., Net Element, VirnetX, and Equinix

NEW YORK, December 22, 2016 /PRNewswire/ --

Stock-Callers.com has initiated coverage on four Internet Software and Services equities, which are SINA Corp. (NASDAQ: SINA), Net Element Inc. (NASDAQ: NETE), VirnetX Holding Corp. (NYSE MKT: VHC), and Equinix Inc. (NASDAQ: EQIX). These stocks are part of the Technology sector, which remained slightly underwater on Wednesday, December 21st, 2016, with shares of Tech companies in the S&P 500 posting a 0.2% decline in the afternoon. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

SINA Corp. 

On Wednesday, shares in Shanghai, the People's Republic of China headquartered SINA Corp. recorded a trading volume of 906,951 shares. The stock ended at $64.22, declining 0.16% from the last trading session. The Company's shares have gained 30.00% on an YTD basis. The stock is trading above its 200-day moving average by 4.73%. Furthermore, shares of SINA, which through its subsidiaries, operates as an online media company in the People's Republic of China, have a Relative Strength Index (RSI) of 33.78.

On November 21st, 2016, SINA reported that net revenues increased 21% y-o-y to $274.9 million for Q3 2016. The Company's Q3 2016 advertising revenues grew 21% y-o-y to $233.6 million. The Company's income from operations increased 147% y-o-y to $36.3 million. Net income attributed to SINA was $146.5 million, or $1.90 diluted net income per share, during Q3 2016.

On December 12th, 2016, research firm CLSA initiated an 'Outperform' rating on the Company's stock. Visit us today and access our complete research report on SINA at:

http://stock-callers.com/registration/?symbol=SINA


Net Element  

North Miami Beach, Florida headquartered Net Element Inc.'s stock finished yesterday's session 1.76% lower at $0.79 with a total trading volume of 63,419 shares. The Company's shares are trading below their 50-day moving average by 19.54%. Shares of the Company, which operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients, have an RSI of 38.73.

On December 21st, 2016, Net Element announced its strategic partnership with E2Exchange Ltd, a scale-up-focused organization that supports entrepreneurs and facilitates entrepreneur-to-entrepreneur information exchange, equity-funding transactions, and recruitment. As part of this strategic partnership, members of E2Exchange will benefit from access to Net Element's global multi-channel payment services offering. It is contemplated that the Company will contribute content for the benefit of E2E members and will participate in relevant events. Additionally, Net Element CEO Oleg Firer has joined E2E's advisory board. The complimentary report on NETE can be downloaded at:

http://stock-callers.com/registration/?symbol=NETE


VirnetX  

At the closing bell on Wednesday, shares in Zephyr Cove, Nevada-based VirnetX Holding Corp. saw a decline of 2.00%, ending the day at $2.45 with a total trading volume of 255,943 shares. The stock is trading 21.93% below its 50-day moving average. Shares of the Company, which develops software and technology solutions for securing real-time communications over the Internet in the US, have an RSI of 34.86. Register for free on Stock-Callers.com and access the latest research report on VHC at:

http://stock-callers.com/registration/?symbol=VHC


Equinix  

Redwood City, California headquartered Equinix Inc.'s stock ended the day 1.33% lower at $350.02 with a total trading volume of 594,591 shares. The Company's shares have gained 4.19% in the last month and 18.20% on an YTD basis. The stock is trading 0.77% above its 50-day moving average. Additionally, shares of Equinix, which provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific, have an RSI of 51.10.

On December 2nd, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock.

On December 6th, 2016, Equinix announced it has entered into a definitive agreement to purchase a portfolio of 24 data center sites and their operations from Verizon Communications Inc. for $3.6 billion in an all cash transaction. The 24 sites consist of 29 data center buildings across 15 metro areas. The addition of these strategic facilities and customers will further strengthen Equinix's global platform by: increasing interconnection in the US and Latin America; opening three new markets in Bogotá, Culpeper and Houston; and accelerating Equinix's penetration of the enterprise and strategic market sectors, including government and energy. Get free access to your research report on EQIX at:

http://stock-callers.com/registration/?symbol=EQIX

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.