YNDX has been the subject of a number of other research reports. UBS Group set a $54.30 price objective on Yandex and gave the company a “buy” rating in a research note on Friday, October 11th. OTR Global started coverage on Yandex in a research note on Thursday, June 27th. They set a “positive” rating for the company. BidaskClub cut Yandex from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Bank of America set a $50.00 price target on Yandex and gave the stock a “buy” rating in a research note on Monday, July 15th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $48.33.
NASDAQ YNDX traded up $3.01 on Monday, reaching $32.77. The stock had a trading volume of 13,382,518 shares, compared to its average volume of 2,598,251. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.03 and a current ratio of 3.03. Yandex has a 12-month low of $25.80 and a 12-month high of $42.37. The business’s 50-day moving average price is $35.13 and its 200 day moving average price is $36.96. The stock has a market cap of $10.63 billion, a P/E ratio of 34.49 and a beta of 1.98.
Several institutional investors have recently added to or reduced their stakes in YNDX. Hexavest Inc. purchased a new stake in shares of Yandex during the second quarter worth approximately $1,755,000. Harbour Capital Advisors LLC raised its stake in shares of Yandex by 6.7% during the second quarter. Harbour Capital Advisors LLC now owns 19,270 shares of the information services provider’s stock worth $732,000 after purchasing an additional 1,210 shares during the last quarter. Xact Kapitalforvaltning AB purchased a new stake in shares of Yandex during the second quarter worth approximately $849,000. Fox Run Management L.L.C. purchased a new stake in shares of Yandex during the second quarter worth approximately $362,000. Finally, Bessemer Group Inc. purchased a new stake in shares of Yandex during the second quarter worth approximately $8,534,000. Institutional investors and hedge funds own 66.62% of the company’s stock.
Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices.
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