Today's Research Report Coverage on Internet Information Providers Stocks -- Wix.com, Autohome, Bitauto, and Zillow

NEW YORK, June 7, 2017 /PRNewswire/ --

DailyStockTracker.com has initiated coverage on Wix.com Ltd (NASDAQ: WIX), Autohome Inc. (NYSE: ATHM), Bitauto Holdings Ltd (NYSE: BITA), and Zillow Group Inc. (NASDAQ: ZG). As of April 19^th, 2017, the Internet Information Providers industry had a total of 34,367 granted patents and 90,761 patent applications distributed into 62,472 patent families. Based on the countries of patent applications, the key markets are the US, WIPO (PCT), and Japan. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:

http://dailystocktracker.com/register/

Wix.com 

On Tuesday, shares in Tel Aviv, Israel headquartered Wix.com Ltd recorded a trading volume of 1.10 million shares, which was above their three months average volume of 1.01 million shares. The stock ended the session 2.91% higher at $77.75. The Company's shares have gained 6.07% in the last one month, 21.77% over the previous three months, and 74.52% on an YTD basis. The stock is trading 4.38% above its 50-day moving average and 39.77% above its 200-day moving average. Moreover, shares of Wix.com, which develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally, have a Relative Strength Index (RSI) of 54.20.

On May 11^th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $73 a share to $86 a share.

On May 17^th, 2017, Wix.com announced the launch of SEO Wiz, which powers search optimization on Wix sites by creating a personalized plan to help users ensure that their websites are easily found online. SEO Wiz provides easy, step-by-step interactive walkthroughs, with personalized checklists of to-dos, to optimize every page of a Wix website. The free research report on WIX is available at:

http://dailystocktracker.com/registration/?symbol=WIX

Autohome 

Beijing, the People's Republic of China headquartered Autohome Inc.'s stock closed the day 7.74% higher at $44.13. A total volume of 3.24 million shares was traded, which was above their three months average volume of 1.14 million shares. The Company's shares have advanced 25.62% in the past month, 35.83% in the previous three months, and 74.56% since the start of this year. The stock is trading 23.87% and 48.59% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Autohome, which operates as an online destination for automobile consumers in the People's Republic of China, have an RSI of 67.87.

On May 10^th, 2017, Autohome announced its unaudited financial results for Q1 ended March 31^st, 2017. Net revenues were $195.9 million for the quarter, net income attributable to the Company was $47.6 million, and net cash provided by operating activities was $71.9 million. As of March 31^st, 2017, the Company had cash and cash equivalents, and short-term investments of $899.3 million. The complimentary report on ATHM can be downloaded at:

http://dailystocktracker.com/registration/?symbol=ATHM

Bitauto 

Shares in Beijing, the People's Republic of China headquartered Bitauto Holdings Ltd recorded a trading volume of 967,259 shares, which was higher than their three months average volume of 950,810 shares. The stock ended yesterday's trading session 4.74% higher at $28.71. The Company's shares have advanced 3.65% in the past month, 30.03% in the previous three months, and 51.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.00% and 17.10%, respectively. Furthermore, shares of Bitauto, which provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China, have an RSI of 51.20.

On May 11^th, 2017, Bitauto announced its unaudited financial results for Q1 ended March 31^st, 2017. Revenue for the quarter was $224.5 million, gross profit was $149.1 million, and loss from operations was $1.6 million. As of March 31^st, 2017, the Company had cash and cash equivalents, time deposit, and restricted cash of $1.21 billion. Visit us today and download our complete research report on BITA for free at:

http://dailystocktracker.com/registration/?symbol=BITA

Zillow 

Seattle, Washington headquartered Zillow Group Inc.'s stock finished Tuesday's session 0.93% higher at $45.49 with a total trading volume of 336,813 shares. The Company's shares have advanced 3.83% in the last one month, 30.94% over the previous three months, and 24.80% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.99% and 26.02%, respectively. Additionally, shares of Zillow Group, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have an RSI of 72.59.

On May 24^th, 2017, Zillow, owned and operated by Zillow Group, has launched Zillow® Prize, an award of $1 million to the first person or team who can most improve the Zestimate® algorithm, the Company's proprietary home valuation tool. Zillow Prize calls for data scientists, engineers, and visionaries to compete to improve automated home valuations of 110 million homes across the US. Get free access to your technical report on ZG at:

http://dailystocktracker.com/registration/?symbol=ZG

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)-331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA