Ancestry.com Inc. (ACOM): Today's Featured Internet Winner
(
) pushed the Internet industry higher today making it today's featured internet winner. The industry as a whole closed the day down 0.7%. By the end of trading, Ancestry.com Inc rose 18 cents (0.8%) to $22.36 on light volume. Throughout the day, 245,571 shares of Ancestry.com Inc exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $21.81-$22.65 after having opened the day at $22.12 as compared to the previous trading day's close of $22.18. Other companies within the Internet industry that increased today were:
Banks.com Inc
(
BNX
), up 16.4%,
(
), up 7.2%,
(
), up 4.6%, and
(
), up 4.2%.
Ancestry.Com Inc. operates as an online resource for family history for subscribers worldwide. Ancestry.com Inc has a market cap of $1.01 billion and is part of the
sector. The company has a P/E ratio of 19.1, below the average internet industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7. Shares are down 21.7% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Ancestry.com as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.
- You can view the full Ancestry.com Ratings Report.
On the negative front,
(
), down 9.1%,
(
), down 9.1%,
(
), down 9%, and
Move Inc
(
MOVED
), down 5.4%, were all losers within the internet industry with
(
) being today's internet industry loser.
- Use our internet section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the internet industry could consider
First Trust Dow Jones Internet Idx
(
) while those bearish on the internet industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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