Investors Purchase Large Volume of Call Options on Yandex NV (YNDX)
Shares of Yandex NV (NASDAQ:YNDX) were the target of some unusual options trading on Monday. Stock investors bought 12,112 call options on the company, StockRatingsNetwork.com reports. This is an increase of 264% compared to the typical volume of 3,331 call options.
YNDX has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Yandex NV in a research note on Wednesday, July 30th. They now have a $34.00 price target on the stock, up previously from $33.00. Separately, analysts at Raiffeisen Bank downgraded shares of Yandex NV from a “buy” rating to a “hold” rating in a research note on Friday, July 25th. Finally, analysts at Standpoint Research downgraded shares of Yandex NV from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Yandex NV has an average rating of “Buy” and a consensus price target of $44.13.
Yandex NV (NASDAQ:YNDX) traded up 0.03% on Monday, hitting $29.01. The stock had a trading volume of 3,157,791 shares. Yandex NV has a one year low of $21.70 and a one year high of $45.42. The stock has a 50-day moving average of $31.99 and a 200-day moving average of $32.41. The company has a market cap of $9.223 billion and a P/E ratio of 22.21.
Yandex NV (NASDAQ:YNDX) last released its earnings data on Tuesday, July 29th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $361.50 million for the quarter, compared to the consensus estimate of $340.25 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 32.0% on a year-over-year basis. On average, analysts predict that Yandex NV will post $42.88 earnings per share for the current fiscal year.
Yandex N.V. (NASDAQ:YNDX) is an Internet company in Russia.
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