Breaking: Will Everyday Health Inc Run Out of Steam Soon?

Breaking: Will Everyday Health Inc Run Out of Steam Soon?

The stock of Everyday Health Inc (NYSE:EVDY) hit a new 52-week high and has $14.81 target or 41.00% above today’s $10.50 share price. The 6 months bullish chart indicates low risk for the $351.09M company. The 1-year high was reported on Nov, 9 by If the $14.81 price target is reached, the company will be worth $143.95 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock closed at $10.5 during the last session. It is down 100.38% since April 7, 2016 and is uptrending. It has outperformed by 95.60% the S&P500.

Everyday Health Inc (NYSE:EVDY) Ratings Coverage

Out of 7 analysts covering Everyday Health (NYSE:EVDY), 1 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 14% are positive. Everyday Health has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. As per Monday, October 24, the company rating was downgraded by SunTrust. The rating was initiated by Cowen & Co on Wednesday, September 16 with “Outperform”. As per Wednesday, November 4, the company rating was upgraded by Stifel Nicolaus. The firm has “Mkt Perform” rating given on Monday, October 24 by Leerink Swann. The company was downgraded on Monday, October 24 by Suntrust Robinson. Stifel Nicolaus downgraded Everyday Health Inc (NYSE:EVDY) on Thursday, January 7 to “Hold” rating. As per Wednesday, August 12, the company rating was maintained by Credit Suisse. The firm has “Neutral” rating by Credit Suisse given on Monday, October 24. The firm earned “Buy” rating on Wednesday, November 11 by Stifel Nicolaus.

According to Zacks Investment Research, “Everyday Health, Inc. is a provider of digital health and wellness solutions. The Company’s portfolio of properties consists of websites, mobile applications, YouTube shows, social media destinations. Consumers use its content, interactive tools and mobile applications to manage a broad array of health and wellness needs on a daily basis, including weight loss, exercise, healthy pregnancy, diet and nutrition and medical conditions. It serves patients throughout the United States. Everyday Health, Inc. is headquartered in New York.”

More notable recent Everyday Health Inc (NYSE:EVDY) news were published by: which released: “Everyday Health Enters into Agreement to Be Acquired by j2 Global, Inc.’s Ziff …” on October 21, 2016, also with their article: “Exclusive: Digital media company Everyday Health explores sale – sources” published on October 20, 2016, published: “Harwood Feffer LLP Announces Investigation of Everyday Health, Inc.” on October 24, 2016. More interesting news about Everyday Health Inc (NYSE:EVDY) were released by: and their article: “Everyday Health to Host Analyst and Investor Day on September 15, 2016” published on September 08, 2016 as well as‘s news article titled: “Everyday Health: One Sick Puppy” with publication date: August 15, 2016.

EVDY Company Profile

Everyday Health, Inc., formerly Waterfront Media Inc., incorporated on January 31, 2002, operates a digital marketing and communications platform for healthcare marketers that want to engage with clients and healthcare professionals. The Company’s platform combines content from brands, data and analytics. The Company’s segment is providing digital health marketing and communications solutions. The Firm draws engaged audience of clients and healthcare professionals to its health content across multiple channels, including the Web, mobile devices, video and social media, and utilizes its data and analytics to deliver personalized user experiences. The combination of its audience, content and data assets also creates a health engagement platform that it monetizes through marketing and engagement solutions that address the varied business needs of constituencies across the health and wellness landscape.

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