December 15th, 2015

Internet Information Providers Stocks Under Scanner -- GrubHub, MeetMe, Alphabet, and Weibo

NEW YORK, April 18, 2017 /PRNewswire/ --

On Monday, April 17, 2017, the NASDAQ Composite ended the trading session at 5,856.79, up 0.89%; the Dow Jones Industrial Average edged 0.90% higher, to finish at 20,636.92; and the S&P 500 closed at 2,349.01, slightly advancing 0.86%. Gains were broad based as nine out of nine sectors ended the day in positive. This Tuesday, has initiated reports coverage on the following Internet Information Providers equities: GrubHub Inc. (NYSE: GRUB), MeetMe Inc. (NASDAQ: MEET), Alphabet Inc. (NASDAQ: GOOG), and Weibo Corporation (NASDAQ: WB). Learn more about these stocks by downloading their free research reports in PDF format at:


On Monday, shares in Chicago, Illinois headquartered GrubHub Inc. ended the session 2.03% lower at $34.22 with a total volume of 1.99 million shares traded. GrubHub's shares have gained 34.14% in the past one year. Shares of the Company, which together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the US, are trading at a PE ratio of 59.51. The stock is trading 3.46% below its 50-day moving average and 8.56% below its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 48.68.

On April 12th, 2017, research firm Oppenheimer upgraded the Company's stock rating from 'Perform' to 'Outperform'. Sign up and read the free research report on GRUB at:


On Monday, shares in New Hope, Pennsylvania headquartered MeetMe Inc. recorded a trading volume of 817,599 shares. The stock ended the day flat at $5.59. Shares of the Company, which owns and operates a social network for meeting new people on the Web and on mobile platforms in the US, are trading at a PE ratio of 6.82. MeetMe's stock has advanced 6.48% in the last one month and 9.82% in the previous three months. Furthermore, the stock has surged 74.69% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 7.63% and 2.19%, respectively. Furthermore, MeetMe's shares have an RSI of 54.61.

On March 20th, 2017, research firm Canaccord Genuity initiated a 'Buy' rating on the Company's stock, with a target price of $10 per share. The complimentary research report on MEET can be downloaded at:


Mountain View, California headquartered Alphabet Inc.'s stock finished Monday's session 1.65% higher at $837.17 with a total volume of 892,735 shares traded. Over the last three months and the previous one year, Alphabet's shares have advanced 3.63% and 10.30%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 1.20% and 6.39%, respectively. Shares of Alphabet, which through its subsidiaries, provides online advertising services in the US, the UK, and rest of the world, are trading at a PE ratio of 30.03. Additionally, the stock has an RSI of 57.93.

On March 31st, 2017, research firm Loop Capital initiated a 'Hold' rating on the Company's stock, with a target price of $800 per share. Register for free on and access the latest report on GOOG at:


Beijing, China headquartered Weibo Corp.'s stock edged 0.60% higher, to close the day at $50.46. The stock recorded a trading volume of 509,749 shares. Weibo's shares have surged 5.81% in the previous three months and 136.57% in the past one year. The Company's shares are trading 9.13% above its 200-day moving average. Shares of the Company, which operates as a social media platform for people to create, distribute, and discover Chinese-language content, are trading at a PE ratio of 104.26. Additionally, the stock has an RSI of 47.46.

On March 29th, 2017, research firm Barclays initiated an 'Overweight' rating on the Company's stock, with a target price of $66 per share. Get free access to your research report on WB at:


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