Dallas, Texas 04/24/2014 (FINANCIALSTRENDS) – YY Inc (ADR) (NASDAQ:YY) is one of the Chinese social platform websites which have reported substantial gains on the stock market. In recent trading sessions, the stock moved higher on the markets by 36.9%.
YY Inc (ADR) (NASDAQ:YY) has an advantage over other users given the range of activities the platform features- text, voice as well as video. The YY platform includes the YY Client, the YY.com as well as the Duowan.com web portals, while there is the Mobile YY platform as well.
YY Inc (ADR) (NASDAQ:YY) has been creating a massive revenue-based business model, with the help of online advertisements as well as high volume features for game developers. YY.com allows visitors to use centralized location where learners can now access navigate as well as move around.
Additional revenues the stock creates for it is the online web gaming as well as YY Music membership based earnings. There are a range of web-based real-time interactive features for the Web. These are thin-clients which do not require additional downloads as well as installations.
YY Inc (ADR) (NASDAQ:YY) has a market capital of $3.80 billion and has Profit and Earnings ratio of 53.17. The stock trades on the market at infra-day range of $67.76 and low of $71.10. The 52 week trading range for this stock is currently at low of $17.00 per stock to $90.93 high.
YY Inc (ADR) (NASDAQ:YY) has a previous stock opening of $70.73 and continues to market near the average highs. EPS reported by the stock is 1.29. Outstanding shares of this company are to the tune of 55.42 million.
YY Inc (ADR) (NASDAQ:YY) also has in competition other Chinese social stocks such as Changyou Com Ltd, Tencent Holdings ltd as well as Renren Inc, besides SINA Corp. In recent times Qihoo 360 Tech too has been showing upward trends even as Renren Inc continues to lead this segment in China.