Alert: Negative Investment/Fundamental Signals (5/28/21)-YY Inc (NASDAQ: YY)


Extremely significant negative changes in YY Inc (NASDAQ: YY) investment behavior have recently occurred: its longer term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.

Significant negative changes in YY Inc (NASDAQ: YY) fundamentals have recently occurred: the consensus estimate for December, 2021 decreased significantly, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

YY is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

YY has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. YY has a slightly negative Appreciation Score of 32 and a poor Power Rating of 28, and the Negative Value Trend Rating results.

Recent Price Action

YY Inc (NASDAQ: YY) stock suffered a very large decline of -9.9% on 5/28/21. The shares closed at $76.95. Moreover, exceptionally high trading volume at 261% of normal accompanied the decline. The stock has declined -12.1% during the last week and has been weak relative to the market over the last nine months.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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