YY (YY) has risen sharply, recording gains of 0.68% in the past 4 weeks. However, the stock has corrected -1.61% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.53% and the 50-Day Moving Average is 11.18%.The 200 Day SMA reached 3.83%
YY (NASDAQ:YY): After opening at $52.45, the stock dipped to an intraday low of $51.73 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $54.39 and the buying power remained strong till the end. The stock closed at $53.28 for the day, a gain of 1.99% for the day session. The total traded volume was 1,347,853. The stocks close on the previous trading day was $53.28.
YY (YY) : The highest level YY (YY) is projected to reach is $62 for the short term and the lowest estimate is at $35. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $48.5 and the possibility the share price can swing is $19.09.
YY Inc. (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. The Company owns the domain names of YY.com, Duowan.com, 100.com, Huya.com and Edu24oL.com. The Companys YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. The Companys product, YY Client, enables users to engage in live interactions online. YY Client provides access to user-created online social activities groups. Its Mobile YY is its mobile application that primarily provides users access to its music and entertainment content. Duowan.com provides gaming resources.