Skip to Content

Press Release

Services Sector Fueled by 1.27% Gain from YOU On Demand Holdings Inc. (YOD) on July 26

YOU On Demand Holdings Inc. (YOD) was one of the best performers amongst all    companies listed in the services sector on the NYSE and NASDAQ exchanges during    trading on July 26, climbing 1.27% to wrap the day at $1.6 after closing the day    prior at $1.58. Throughout the trading session, shares of YOD rose as high as $1.67    and dipped as low as $1.57. Today's advance came with about 6,003 shares changing    hands, compared to an average 30-day volume of 44,415 for YOU On Demand Holdings    Inc.. The price is currently below the 30-day volume weighted average price of $1.6    for YOD. The share appreciation today gives the company a market capitalization of    $46.18 million based upon 28.86 million shares outstanding. It also means that YOD    has a price-to-book ratio of 2.5:1. In the past 52 weeks, shares of YOD have traded    as low as $1.22 and as high as $2.49. Technical traders will take note that at $1.6,    shares of YOD are trading below their 200-day MA at $1.73 and above their 50-day MA    at $1.58. 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 above them is typically regarded as bullish. 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 4:00 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 (July 26, 2016 - 7:06 PM EDT)
   
    News by QuoteMedia
    www.quotemedia.com