Headlines

Yelp Stock Bullish Momentum With A 11% Rise So Far On Monday

(VIANEWS) – Shares of Yelp (NYSE: YELP) rose by a staggering 11.36% to $42.46 at 11:49 EST on Monday, after two sequential sessions in a row of losses. NYSE is jumping 0.07% to $16,050.83, following the last session’s downward trend. This seems, at the moment, a somewhat bullish trend trading session today.

Yelp’s last close was $38.13, 2.9% under its 52-week high of $39.27.

About Yelp

Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click search advertising and multi-location Ad products, as well as enables businesses to deliver targeted search advertising to local audiences; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free and paid access to content and data for consumer-facing enterprise use through publicly available APIs. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Yelp has a trailing twelve months EPS of $0.49.

PE Ratio

Yelp has a trailing twelve months price to earnings ratio of 86.65. Meaning, the purchaser of the share is investing $86.65 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.05%.

Volume

Today’s last reported volume for Yelp is 1130900 which is 65.79% above its average volume of 682093.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Yelp’s EBITDA is 439.53.

Moving Average

Yelp’s value is way higher than its 50-day moving average of $33.26 and way higher than its 200-day moving average of $31.55.

More news about Yelp (YELP).

Leave a Reply

Your email address will not be published. Required fields are marked *