Yandex N.V. (NASDAQ:YNDX) has been under a strong bear grip, hence the stock is down -0.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.33% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.61% in the last 1 week, and is up 1.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 44.03% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $23.20 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $21.15 and the 200 Day Moving Average price is recorded at $16.77.
The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 6.99%.
Yandex N.V. (NASDAQ:YNDX): stock turned positive on Friday. Though the stock opened at $21.98, the bulls momentum made the stock top out at $22.27 level for the day. The stock recorded a low of $21.975 and closed the trading day at $22.08, in the green by 1.85%. The total traded volume for the day was 2,039,157. The stock had closed at $21.68 in the previous days trading.
Yandex N.V. is an Internet and technology company. The Company operates as a search engine in Russia and also serves Turkey, Ukraine, Belarus and Kazakhstan. The Companys Russian businesses are organized in five operating segments: Russian Search and Portal, which includes all services offered in Russia, Belarus and Kazakhstan; Russian E-commerce, which includes the Yandex.Market service; Media Services, which includes Yandex.Music, Kinopoisk.ru, Yandex.TV program and Yandex.Kinoafisha; Taxi, which includes the Yandex.Taxi service, and Classified Aggregators, which include Yandex.Auto, Auto.ru, Yandex.Realty and Yandex.Job. Additionally, its international operations are organized in three operating segments: Turkish Search and Portal; Ukrainian Search and Portal, and Data Factory (including the Yandex.Data Factory service). It offers a range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail, Yandex.Maps and Yandex.Auto.