Could Yext Inc (YEXT) Decrease Even More? The Stock Formed Bearish Double Bottom Pattern

September 17, 2017 - By Maria Brooks

The chart of Yext Inc (YEXT) shows a double bottom with $13.00 target or 3.00 % below today’s $13.40 share price. The 9 months chart pattern indicates high risk for the $1.21B company. It was reported on Sep, 17 by Finviz.com. If the $13.00 price target is reached, the company will be worth $36.30M less. Double bottoms are rare but powerful chart patterns.

The stock decreased 2.90% or $0.4 on September 15, reaching $13.4. About 266,359 shares traded or 42.80% up from the average. Yext Inc (NYSE:YEXT) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors wait Yext Inc (NYSE:YEXT) to report on December, 6. its quarterly earnings Yext Inc’s Wall Street analysts see 0.00 % EPS growth, taking into account the $-0.18 EPS reproted in the previous quarter,

More notable recent Yext Inc (NYSE:YEXT) news were published by: Seekingalpha.com which released: “Yext IPO: Great Ambitions And Concerns” on April 14, 2017, also Prnewswire.com with their article: “Yext, Inc. to Report Second Quarter Financial Results on September 6, 2017” published on August 21, 2017, Marketwatch.com published: “13.40” on March 18, 2017. More interesting news about Yext Inc (NYSE:YEXT) were released by: Seekingalpha.com and their article: “Yext: Results Unlikely To Inspire Buying” published on September 06, 2017 as well as Seekingalpha.com‘s news article titled: “Yes To The Yext IPO” with publication date: April 11, 2017.

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