RetailMeNot, Inc. SALE saw a big move last session, as the company's shares fell by nearly 19% on the day. The move came on pretty good 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 below the volatile price range of $27.97 to $32.89 in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as this digital coupon marketplace operator has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
SALE currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the Internet Services Delivery industry include Asure Software, Inc. ASUR, Bitauto Holdings Limited BITA and eLong Inc. LONG. Among these stocks, Asure and Bitauto carry a Zacks Rank #1 (Strong Buy), while eLong carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ASURE SOFTWARE ASUR: Get Free Report
BITAUTO HOLDNGS BITA: Free Stock Analysis Report
ELONG INC-ADR LONG: Free Stock Analysis Report
RETAILMENOT INC SALE: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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SALE currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the Internet Services Delivery industry include Asure Software, Inc. ASUR, Bitauto Holdings Limited BITA and eLong Inc. LONG. Among these stocks, Asure and Bitauto carry a Zacks Rank #1 (Strong Buy), while eLong carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ASURE SOFTWARE ASUR: Get Free Report
BITAUTO HOLDNGS BITA: Free Stock Analysis Report
ELONG INC-ADR LONG: Free Stock Analysis Report
RETAILMENOT INC SALE: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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