Tag: NASDAQ:OPEN

  • Worth Watching Stocks in News: OpenTable Inc (NASDAQ:OPEN), Remark Media Inc (NASDAQ:MARK), Yelp Inc (NYSE:YELP), Dex Media Inc (NASDAQ:DXM), YELLOW MEDIA (OTCMKTS:YLWDF)

    Restaurant booking service OpenTable Inc (NASDAQ:OPEN) has introduced aGoogle Glass version of its app. Wearers of the smart glasses can discover local restaurants and book a table by saying “Make a reservation” plus the name of the restaurant they wish to book or “nearby” to discover local options. They then tap to make their reservation at the venue of their choice. OpenTable Inc (NASDAQ:OPEN) net profit margin is -5.24% and weekly performance is -5.24%. On last trading day company shares ended up $63.78. Analysts mean target price for the company is $74.47. OpenTable Inc (NASDAQ:OPEN) distance from 50-day simple moving average (SMA50) is -14.42%.

    Remark Media, Inc. (NASDAQ:MARK), a global digital media company, announced the acquisition of Hotelmobi, a company engaged in the development, ownership and operation of hotel booking applications. Hotelmobi plans to launch its widely anticipated “Roomlia” application in the third quarter of 2014. According to PhoCusWright estimates, 25% of US online travel bookings will be made on a mobile device by 2015. Since 2011, mobile travel bookings in the US have grown 6.5x to $13 billion. By 2015, that amount is expected to surge to $40 billion. Remark Media Inc (NASDAQ:MARK) shares advanced 0.17% in last trading session and ended the day on $5.96. Its return on assets is -92.10%. Remark Media Inc (NASDAQ:MARK) quarterly performance is -2.30%.

    Yelp Inc (NASDAQ:YELP) CEO Jeremy Stoppelman sold 13,514 shares of the company’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $55.17, for a total transaction of $745,567.38. Yelp Inc (NYSE:YELP) shares moved down -0.87% in last trading session and were closed at $54.72, while trading in range of $53.35 – $55.10. Yelp Inc (NYSE:YELP) year to date (YTD) performance is -20.64%.

    Dex Media Inc (NASDAQ:DXM) a leading publisher of Yellow Pages directories, is showing some progress in transitioning its struggling business to the digital age, Bloomberg News reports. The company, formed last year by the merger of two directory publishers and based at DFW Airport, is bundling advertising sold to small businesses in its high-margin printed Yellow Pages with its rapidly expanding though less profitable online offerings, Peter McDonald, its chief executive officer, said during a conference call with analysts. Dex Media Inc (NASDAQ:DXM) ended the last trading day at $9.71. Company weekly volatility is calculated as 9.17% and price to cash ratio as 1.10. Dex Media Inc (NASDAQ:DXM) showed a negative weekly performance of -6.09%.

    YELLOW MEDIA (OTCMKTS:YLWDF) had its target price lifted by Canaccord Genuity from C$0.90 to C$28.00 in a research note released on Friday morning,AnalystRatings.Net reports. They currently have a buy rating on the stock. YELLOW MEDIA (OTCMKTS:YLWDF) On last trading day company shares ended up $18.50 .