YY Inc (YY): Today's Featured Diversified Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

YY ( YY) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, YY fell $2.67 (-3.4%) to $77.02 on average volume. Throughout the day, 2,318,489 shares of YY exchanged hands as compared to its average daily volume of 2,126,300 shares. The stock ranged in price between $75.80-$79.56 after having opened the day at $78.71 as compared to the previous trading day's close of $79.69. Other companies within the Diversified Services industry that declined today were: Cinedigm ( CIDM), down 11.4%, General Employment ( JOB), down 10.8%, China Distance Education Holdings ( DL), down 7.3% and Essex Rental ( ESSX), down 6.3%.

YY Inc., through its subsidiaries, operates an online social platform in the People's Republic of China. It provides YY Client, a personal computer based user software that offers real-time access to user-created online social activities groups. YY has a market cap of $4.5 billion and is part of the technology sector. Shares are up 63.1% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate YY a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates YY as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

On the positive front, Kelly Services ( KELYB), up 16.4%, SmartPros ( SPRO), up 14.5%, comScore ( SCOR), up 6.0% and On Assignment ( ASGN), up 5.2% , were all gainers within the diversified services industry with United Rentals ( URI) being today's featured diversified services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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