Opentable Inc. (OPEN): Today's Featured Internet Loser

Opentable ( OPEN) pushed the Internet industry lower today making it today's featured Internet loser. The industry as a whole closed the day up 0.4%. By the end of trading, Opentable fell 30 cents (-0.8%) to $37.69 on light volume. Throughout the day, 481,665 shares of Opentable exchanged hands as compared to its average daily volume of 967,400 shares. The stock ranged in price between $36.90-$38.46 after having opened the day at $37.86 as compared to the previous trading day's close of $37.99. Other company's within the Internet industry that declined today were: MeetMe ( MEET), down 11.5%, Selectica ( SLTC), down 9.9%, LiveDeal ( LIVE), down 7.5%, and Bitauto Holdings ( BITA), down 4.2%.

OpenTable, Inc. provides restaurant reservation solutions in the United States, Canada, Germany, Japan, Mexico, and the United Kingdom. It offers solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. Opentable has a market cap of $877.2 million and is part of the technology sector. The company has a P/E ratio of 42.2, above the average internet industry P/E ratio of 41.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Opentable a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Opentable 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 notable return on equity. 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, Tudou Holdings ( TUDO), up 9%, BroadVision ( BVSN), up 7.8%, Youku ( YOKU), up 7.4%, and Shutterfly ( SFLY), up 6.7%, were all gainers within the internet industry with Google ( GOOG) being today's featured internet industry winner.

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 ( FDN) while those bearish on the internet industry could consider ProShares Ultra Short Technology ( REW).
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