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Jiayuan.com (NASDAQ:DATE) was upgraded by equities research analysts at TheStreet from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, Stock Ratings News reports.

The analysts wrote, “Jiayuan.com International (DATE) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”

Shares of Jiayuan.com (NASDAQ:DATE) traded down 1.20% on Wednesday, hitting $5.78. 63,606 shares of the company’s stock traded hands. Jiayuan.com has a 52 week low of $4.88 and a 52 week high of $9.48. The stock has a 50-day moving average of $6.09 and a 200-day moving average of $6.44. The company has a market cap of $173.0 million and a price-to-earnings ratio of 17.46.

Jiayuan.com (NASDAQ:DATE) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.04. The company had revenue of $22.00 million for the quarter, compared to the consensus estimate of $21.19 million. The company’s quarterly revenue was up 23.7% on a year-over-year basis. Analysts expect that Jiayuan.com will post $0.33 EPS for the current fiscal year.

Jiayuan.com International Ltd. is an online dating platform in China. The Company’s Website, Jiayuan.

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