MakeMyTrip (MMYT) Soars: Stock Adds 19.9% in Session - Tale of the Tape - Asure Software (NASDAQ:ASUR)

MakeMyTrip Limited MMYT was a big mover last session, as the company saw its shares rise nearly 20% 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 $19.25 to $22.88 in the past one-month time frame.

In the last 30 days, the company has witnessed no estimate revision, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

MakeMyTrip currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Internet services industry include Asure Software, Inc. ASUR, Bitauto Holdings Limited BITA and eLong Inc. LONG. While Asure Software and Bitauto Holdings carry a Zacks Rank #1 (Strong Buy), eLong holds a Zacks Rank #2 (Buy).

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