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Services Sector Feels 5.23% Slide in Shares of You On Demand Holdings Inc. (YOD) at Midday on September 22
You On Demand Holdings Inc. (YOD) lost ground during morning trading on September 22 to make it one of    the worst performers amongst all NYSE and NASDAQ listed stocks in the services sector    halfway through the trading day. At the lunch break, shares of YOD have fallen 5.23% to $1.63 after closing the day prior at $1.72. So    far, the stock has traded as high as $1.71 and as low as $1.63. Today's decline has    come with about 5,313 shares changing hands, compared to an average 30-day volume of    41,962 for You On Demand Holdings Inc.. The price is currently below the 30-day    volume weighted average price of $1.65 for YOD. The share depreciation gives the company a market capitalization of    $69.56 million based upon 40.44 million shares outstanding. It also means that YOD    has a price-to-book ratio of 2.02:1. In the past 52 weeks, shares of YOD have traded as low as $1.22 and as high as $2.31. Technical traders    will take note that at $1.63, shares of YOD are trading below their 200-day MA at $1.66 and below their 50-day MA    at $1.66. Technical analysts pay close attention to these key moving averages because    they often serve as technical support and resistance levels and because a move    through or holding below them is typically regarded as bearish. Who is YOD? YOU On    Demand Holdings Inc is a multi-platform entertainment company delivering premium    content, including Hollywood & China-produced movie titles to customers across    China via Subscription Video On Demand & Transactional Video On Demand services.    The company’s 51 employees are led by CEO Mingcheng Tao from the corporate    headquarters at 375 Greenwich Street in New York, NY. For more information on YOD    and other companies trading on the major exchanges, as well as the over the counter    markets, or to be considered for contributing content for our distribution network,    visit FinancialPress.com today. All data provided by QuoteMedia, with stock data    accurate as of 12:00 PM ET. FinancialPress.com is not responsible for inaccuracies in    third-party supplied information. About FinancialPress.com FinancialPress.com    is a leading publisher of market and investment news, commentary, proprietary    research and videos from seasoned journalists, analysts and contributors covering the    financial markets and global economies. Leveraging our extensive distribution network    and social media presence, we have cultivated a valuable audience of engaged market    enthusiasts, which in turn delivers a variety of unique opportunities for industry    partnerships, corporate communications, market exposure and investment. A complete    disclaimer can be viewed here.
 

 
    Source: Financial Press News (September 23, 2016 - 3:30 PM EDT)
   
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