News stories about YY (NASDAQ:YY) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. YY earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 46.5143964099541 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

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A number of brokerages have issued reports on YY. UBS began coverage on YY in a report on Tuesday, January 2nd. They set a “buy” rating and a $135.00 price objective for the company. ValuEngine cut YY from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 14th. Citigroup began coverage on YY in a report on Tuesday, February 20th. They set a “buy” rating and a $150.00 price objective for the company. Vetr cut YY from a “buy” rating to a “hold” rating and set a $134.81 price objective for the company. in a report on Monday, January 15th. Finally, Zacks Investment Research raised YY from a “hold” rating to a “buy” rating and set a $125.00 price objective for the company in a report on Saturday, February 10th. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $122.71.

Shares of YY stock traded down $0.78 during trading hours on Wednesday, hitting $126.65. The stock had a trading volume of 2,238,660 shares, compared to its average volume of 1,659,137. YY has a 52 week low of $42.90 and a 52 week high of $142.97. The firm has a market capitalization of $7,500.25, a price-to-earnings ratio of 20.56, a PEG ratio of 0.72 and a beta of 1.38.

YY (NASDAQ:YY) last announced its earnings results on Monday, March 5th. The information services provider reported $1.77 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.74 by $0.03. YY had a return on equity of 29.96% and a net margin of 21.48%. The company had revenue of $557.39 million during the quarter, compared to analyst estimates of $543.33 million. sell-side analysts forecast that YY will post 7.32 EPS for the current fiscal year.

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About YY

YY Inc, through its subsidiaries, operates a live streaming platform in the People's Republic of China. It engages users to interact in live online group activities through voice, text, and video, as well as to create and organize groups of various sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting, and e-learning.

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