Yelp Inc (NYSE:YELP) put volume — at double its intraday average — has raced ahead of call volume at midday. Against this backdrop, the stock’s 30-day at-the-money (ATM) implied volatility (IV) is 9.3% higher at 80%. This is even more impressive considering YELP’s short-term ATM IV sat at just 51.7% two weeks ago. Short-term contracts are in vogue, with nine of the 10 most active strikes expiring within the next month. Leading the way is YELP’s April 70 put, which has seen nearly 2,400 contracts cross the tape — all at the ask price, suggesting they were bought. IV at the strike is on the rise, and volume outstrips open interest, collectively hinting at newly created bearish bets.Yelp Inc (NYSE:YELP) shares after opening at $81.38 moved to $81.40 on last trade day and at the end of the day closed at $75.63. Company price to sales ratio in past twelve months was calculated as 23.16 and price to cash ratio as 13.85. Yelp Inc (NYSE:YELP) showed a negative weekly performance of -2.16%.
Equities research analysts at Macquarie assumed coverage on shares of Splunk (NASDAQ:SPLK) in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $90.00 price target on the stock. Macquarie’s target price would indicate a potential upside of 20.16% from the stock’s previous close.Splunk Inc (NASDAQ:SPLK) shares advanced -5.05% in last trading session and ended the day on $71.12. SPLK return on equity ratio is recorded as -20.80% and its return on assets is -13.80%. Splunk Inc (NASDAQ:SPLK) yearly performance is 80.83%.
Identive Group, Inc. (NASDAQ:INVE) unveiled its uTrust TS Readers product line. uTrust TS Readers are revolutionary new building access readers that support all major credentials in a single reader format, while offering strong identity verification, scalable migration and interoperability based upon secure open standards. uTrust TS Readers are the first readers that let customers easily migrate from multiple disparate legacy systems, and deliver the foundation for a single identity across the entire enterprise, from door to data.Identive Group, Inc. (NASDAQ:INVE) shares moved down -5.41% in last trading session and was closed at $1.05, while trading in range of $1.01-$1.13.Identive Group, Inc. (NASDAQ:INVE) year to date performance is 81.03%.
Ellie Mae Inc (NYSE: ELLI), a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry, reported on recent outages that have made Ellie Mae’s Encompass services unavailable to users.Ellie Mae has detected unusually high demand for services consistent with an external malicious attack characteristic of a distributed denial of service (DDoS). The Company has taken actions to isolate the suspicious activity and prevent future unwarranted access. Ellie Mae’s technical operations teams are continuing their work to restore full functionality for Encompass users.Ellie Mae Inc (NYSE:ELLI) weekly performance is -2.56%. On last trading day company shares ended up $26.62. Ellie Mae Inc (NYSE:ELLI) distance from 50-day simple moving average is -6.06%. Analysts mean target price for the company is $35.67.