Monday, January 18, 2016

Rightside Group Ltd (NAME) Upgraded by Zacks Investment Research to Buy

Rightside Group Ltd logoZacks Investment Research updated shares of Rightside Group Ltd (NASDAQ:NAME) from a hold rating to a purchase rating in a report discharged on Saturday, MarketBeat reports. Zacks Investment Research at present has $10.00 value objective on the stock.

By, "Rightside Group, Ltd. is a supplier of domain name administrations. It offers stages for the revelation, enrollment, advancement, and adaptation of domain names. The Company gives a turnkey administration stage to affiliates, recorders, registries and space speculators. Rightside Group, Ltd. is situated in Kirkland, Washington. "

NAME has been the subject of various other examination reports. Deutsche Bank dropped their value objective on Rightside Group from $8.00 to $7.00 and set a hold rating for the organization in a report on Tuesday, November tenth. B. Riley repeated a purchase rating on shares of Rightside Group in a report on Wednesday.

Shares of Rightside Group (NASDAQ:NAME) exchanged down 1.90% on Friday, hitting $8.78. The organization had an exchanging volume of 32,329 shares. Rightside Group has a 12-month low of $6.05 and a 12-month high of $10.38. The association's business sector capitalization is $166.71 million. The firm has a 50 day moving normal of $8.35 and a 200-day moving normal of $7.70.

Rightside Group (NASDAQ:NAME) last discharged its quarterly profit information on Monday, November ninth. The organization reported ($0.18) EPS for the quarter, beating experts' accord appraisals of ($0.34) by $0.16. By and large, values investigators foresee that Rightside Group will post ($0.68) EPS for the present year.

Rightside Group, Ltd. is a supplier of domain name benefits that empower organizations and customers to discover, build up and keep up their advanced location. The Company is an enlistment center, offering space name enrollment and other related administrations to affiliates and straightforwardly to area name registrants. The Company gives foundation administrations through its eNom image. The Company offers area name enrollment administrations through its retail marks, including As of December 31, 2014, the Company had more than 16 million area names under administration. The Company is an area name registry through its investment in the development of nonexclusive Top Level Domains (NASDAQ:NAME) by the Internet Corporation for Assigned Names and Numbers (ICANN). As of December 31, 2014, the Company had propelled 36 gTLDs in its portfolio, including .NINJA, .ROCKS and .SOCIAL. The Company has operations in the United States, Ireland, Grand Cayman, Canada and Australia.

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