YY Inc (ADR) on Focus After Bullish Options Activity

 YY Inc (ADR) on Focus After Bullish Options Activity

In today’s session YY Inc (ADR) (YY) registered an unusually high (1,021) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious YY increase. With 1,021 contracts traded and 50234 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: YY161118C00050000 closed last at: $5.5 or 14.6% up. About 234,619 shares traded hands. YY Inc (ADR) (NASDAQ:YY) has declined 5.22% since March 15, 2016 and is downtrending. It has underperformed by 10.70% the S&P500.

YY Inc (ADR) (NASDAQ:YY) Ratings Coverage

Out of 2 analysts covering YY Inc (NASDAQ:YY), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $88 is the highest target while $62 is the lowest. The $75 average target is 42.37% above today’s ($52.68) stock price. YY Inc has been the topic of 4 analyst reports since August 17, 2015 according to StockzIntelligence Inc. On Friday, August 14 the stock rating was maintained by Piper Jaffray with “Overweight”. The firm has “Overweight” rating given on Wednesday, August 31 by JP Morgan. The stock of YY Inc (ADR) (NASDAQ:YY) has “Hold” rating given on Thursday, August 20 by Zacks. The company was downgraded on Monday, August 17 by Pacific Crest.

According to Zacks Investment Research, “YY Inc. is a communication social platform, which engages users in online group activities through voice, text and video. The Company’s Platform consists of YY Client, the YY.com and Duowan.com web portals, Mobile YY and Web-based YY. YY Inc. is based in Guangzhou, the People’s Republic of China.”

YY Inc. is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The company has a market cap of $2.77 billion. The Company’s divisions include YY IVAS and others, Huya broadcasting, and 100 Education. It has a 19.34 P/E ratio. 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 Company Profile

YY Inc. (YY), incorporated on July 22, 2011, is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company’s divisions include YY IVAS and others, Huya broadcasting, and 100 Education. 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 Firm owns the domain names of YY.com, Duowan.com, 100.com, Huya.com, Edu24ol.com and Zhiniu8.com. The Company’s YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan.

More news for YY Inc (ADR) (NASDAQ:YY) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on November 21, 2012. Thestreet.com‘s article titled: “YY Inc. (YY) Stock Slumping on Earnings Miss” and published on May 12, 2015 is yet another important article.

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