58.com (WUBA) Soars: Stock Adds 12.4% in Session - Tale of the Tape

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58.com Inc. WUBA was a big mover last session, as the company saw its shares rise over 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $39.15 to $46.27 since Mar 21.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

58.com currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other stocks to consider in the Internet software/services industry include Qihoo 360 Technology Co. Ltd. QIHU, Smart Technologies Inc. SMT and Bazaarvoice, Inc. BV. While Qihoo 360 Technology and Smart Technologies sport a Zcks Rank #1 (Strong Buy), Bazaarvoice has a Zacks Rank #2 (Buy).

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BAZAARVOICE INC BV: Free Stock Analysis Report

QIHOO 360 TECH QIHU: Free Stock Analysis Report

SMART TECHNOL-A SMT: Free Stock Analysis Report

58.COM INC-ADR WUBA: Get Free Report

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