Yandex NV (NASDAQ:YNDX)’s share price gapped down prior to trading on Friday . The stock had previously closed at $50.19, but opened at $48.62. Yandex shares last traded at $46.57, with a volume of 4,138,055 shares traded.

A number of equities analysts have issued reports on the stock. BidaskClub upgraded shares of Yandex from a “hold” rating to a “buy” rating in a research report on Saturday, January 25th. Tigress Financial initiated coverage on shares of Yandex in a research note on Friday, January 17th. They set a “buy” rating for the company. Finally, ValuEngine upgraded shares of Yandex from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $48.33.

The business has a fifty day moving average of $45.21 and a 200 day moving average of $39.03. The company has a market cap of $15.12 billion, a P/E ratio of 57.49, a P/E/G ratio of 0.69 and a beta of 1.96. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.04.

Large investors have recently added to or reduced their stakes in the stock. Eqis Capital Management Inc. boosted its position in shares of Yandex by 1.2% in the 3rd quarter. Eqis Capital Management Inc. now owns 57,435 shares of the information services provider’s stock worth $2,011,000 after purchasing an additional 656 shares in the last quarter. Utah Retirement Systems raised its stake in Yandex by 1.9% during the fourth quarter. Utah Retirement Systems now owns 43,207 shares of the information services provider’s stock valued at $1,879,000 after buying an additional 800 shares during the last quarter. NumerixS Investment Technologies Inc purchased a new position in Yandex during the fourth quarter valued at $48,000. Quest Capital Management Inc. ADV purchased a new position in Yandex during the third quarter valued at $46,000. Finally, Hexavest Inc. boosted its holdings in Yandex by 3.0% in the fourth quarter. Hexavest Inc. now owns 46,624 shares of the information services provider’s stock worth $2,028,000 after acquiring an additional 1,337 shares in the last quarter. Institutional investors and hedge funds own 66.03% of the company’s stock.

About Yandex (NASDAQ:YNDX)

Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices.

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