Changyou.com Ltd (CYOU): Today's Featured Computer Software & Services Loser

The computer software & services industry closed the day up 2.1%. Kingtone Wirelessinfo Solution ( KONE), VanceInfo Technologies Inc ( VIT), Wireless Ronin Technologies Inc ( RNIN), and CryptoLogic ( CRYP) were all decliners today within the computer software & services industry with Changyou.com ( CYOU) being today's featured computer software & services loser. Changyou.com fell $2.83 (-9.4%) to $27.26 on average volume. Throughout the day, 372,156 shares of Changyou.com exchanged hands as compared to its average daily volume of 407,900 shares.

Changyou.com Limited develops and operates online games in the People's Republic of China. Changyou.com has a market cap of $1.6 billion and is part of the technology sector. The company has a P/E ratio of 8.6, above the average computer software & services industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 5.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates Changyou.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

On the positive front, Patni Computer Systems ( PTI), WebMediaBrands Inc ( WEBM), DynaVox Inc ( DVOX), and THQ Inc ( THQI) were all gainers within the computer software & services industry with Microsoft Corporation ( MSFT) being today's featured computer software & services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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