Telenav (TNAV) Jumps: Stock Rises 5.5%

Telenav, Inc. TNAV was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 5% since Sep 9.

The company has seen no estimate revision over the past 30 days, while 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.

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

However, better-ranked stocks in the wireless national industry include West Corporation WSTC, Meru Networks, Inc. MERU and RF Micro Devices Inc. RFMD. While West Corporation sports a Zacks Rank #1 (Strong Buy), Meru Networks and RF Micro Devices have a Zacks Rank #2 (Buy).

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