Yandex Reaches New 52-Week High (YNDX)

NEW YORK ( TheStreet) -- Yandex (Nasdaq: YNDX) hit a new 52-week high Wednesday as it is currently trading at $29.59, above its previous 52-week high of $29.48 with 2.6 million shares traded as of 12:06 p.m. ET. Average volume has been 2.4 million shares over the past 30 days.

Yandex has a market cap of $6.52 billion and is part of the technology sector and internet industry. Shares are up 30% year to date as of the close of trading on Tuesday.

Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally.

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TheStreet Ratings rates Yandex as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, 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 revenue growth has not been good. You can view the full Yandex Ratings Report.

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