Shorts On Watch: How Analysts Feel About Yandex NV Class A Ord (NASDAQ:YNDX) After Increase in Sellers?

November 22, 2016 - By Hazel Jackson   ·   0 Comments

Shorts On Watch: How Analysts Feel About Yandex NV Class A Ord (NASDAQ:YNDX) After Increase in Sellers?

The stock of Yandex NV Class A Ord (NASDAQ:YNDX) registered an increase of 5.93% in short interest. YNDX’s total short interest was 2.32M shares in November as published by FINRA. Its up 5.93% from 2.19 million shares, reported previously. With 2.34 million shares average volume, it will take short sellers 1 days to cover their YNDX’s short positions. The short interest to Yandex NV Class A Ord’s float is 0.88%. The stock increased 0.70% or $0.13 during the last trading session, hitting $18.6. About 6,500 shares traded hands. Yandex NV (NASDAQ:YNDX) has risen 2.14% since April 20, 2016 and is uptrending. It has underperformed by 2.41% the S&P500.

Yandex N.V. is an Internet and technology company, and operates an Internet search engine. The company has a market cap of $6.16 billion. The Company’ s divisions include Search and Portal, offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices; E-commerce, which includes Yandex.Market e-commerce gateway service that gives retailers an additional platform to reach clients seeking specific retailer, product or price information; Classifieds, which includes online advertising and listing services, and Taxi, which offers online transportation service delivered through Yandex and Taxi operates in over 10 cities across Russia and in Minsk, Belarus. It has a 46.58 P/E ratio.

Yandex NV (NASDAQ:YNDX) Ratings Coverage

Out of 6 analysts covering Yandex N.V. (NASDAQ:YNDX), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Yandex N.V. has been the topic of 16 analyst reports since July 31, 2015 according to StockzIntelligence Inc. As per Friday, July 31, the company rating was maintained by Deutsche Bank. Morgan Stanley upgraded the shares of YNDX in a report on Tuesday, November 17 to “Overweight” rating. The company was upgraded on Monday, October 12 by Raiffeisen. The stock of Yandex NV (NASDAQ:YNDX) has “Buy” rating given on Monday, March 14 by Citigroup. The rating was downgraded by Zacks to “Hold” on Tuesday, August 4. The firm has “Neutral” rating by Citigroup given on Friday, September 11. Citigroup downgraded the shares of YNDX in a report on Friday, May 6 to “Neutral” rating. The stock of Yandex NV (NASDAQ:YNDX) earned “Buy” rating by Deutsche Bank on Tuesday, October 6. Goldman Sachs upgraded Yandex NV (NASDAQ:YNDX) rating on Wednesday, September 16. Goldman Sachs has “Neutral” rating and $14.20 price target. The company was initiated on Monday, July 18 by HSBC.

YNDX Company Profile

Yandex N.V. (Yandex), incorporated on June 1, 2004, is an Internet and technology company, and operates an Internet search engine. The Company’ s divisions include Search and Portal, offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices; E-commerce, which includes Yandex.Market e-commerce gateway service that gives retailers an additional platform to reach clients seeking specific retailer, product or price information; Classifieds, which includes online advertising and listing services, and Taxi, which offers online transportation service delivered through Yandex and Taxi operates in approximately 10 cities across Russia and in Minsk, Belarus. The Firm also operates Experimental businesses, which includes media services (including KinoPoisk, Yandex.Music, Yandex.Radio, Yandex.Tickets and Yandex.Afisha), Yandex Data Factory, discovery services (including Yandex Zen and Yandex Launcher), and search and portal in Turkey.

More news for Yandex NV (NASDAQ:YNDX) were recently published by: Fool.com, which released: “Why Yandex NV Stock Is Up 75% Since January” on July 07, 2016. Seekingalpha.com‘s article titled: “Yandex N.V. (YNDX) CEO Q3 2016 Results – Earnings Call Transcript” and published on October 27, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Hazel Jackson


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>