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 0.8%. By the end of trading, YY fell $2.42 (-4.0%) to $57.36 on average volume. Throughout the day, 3,270,227 shares of YY exchanged hands as compared to its average daily volume of 2,340,400 shares. The stock ranged in price between $55.06-$59.05 after having opened the day at $58.30 as compared to the previous trading day's close of $59.78. Other companies within the Diversified Services industry that declined today were: VistaPrint ( VPRT), down 26.1%, Xueda Education Group ( XUE), down 7.1%, Barrett Business Services ( BBSI), down 6.6% and Lime Energy ( LIME), down 5.9%.

YY Inc., through its subsidiaries, operates an online social platform in the People's Republic of China. YY has a market cap of $3.2 billion and is part of the technology sector. The company has a P/E ratio of 61.2, above the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Tuesday. Currently there are 5 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 stock itself is trading at a premium valuation.

On the positive front, Huron Consulting Group ( HURN), up 13.8%, Global Sources ( GSOL), up 11.0%, Kforce ( KFRC), up 9.9% and Dice Holdings ( DHX), up 8.8% , were all gainers within the diversified services industry with MasterCard ( MA) 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.

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers