Yandex N.V. (YNDX) has been under a strong bear grip, hence the stock is down -3.8% 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 0.13% in the past 1 week. The stock has risen by 0.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.4% in the past 4 weeks.
Yandex N.V. (NASDAQ:YNDX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.56 and $21.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.77, notching a gain of 1.44% for the day. The total traded volume was 2,298,179 . The stock had closed at $21.46 on the previous day.
The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 1.65%. Yandex N.V. is up 9.51% in the last 3-month period. Year-to-Date the stock performance stands at 38.49%.
Yandex N.V. (YNDX) : 4 investment research analysts covering Yandex N.V. (YNDX) have an average price target of $25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $30 and the lowest target is $16 for the short term. Analysts expect the variance to be within $6.22 of the average price.
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.