58.com (WUBA) Soars: Stock Rises 13.8% - Tale of the Tape - Autodesk (NASDAQ:ADSK)

58.com Inc. WUBA was a big mover last session, as its shares rose nearly 14% 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 30% in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action 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 #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the computer and technology sector include AAC Technologies Holdings Inc. (AACAY), Advent Software, Inc. ADVS and Autodesk, Inc. ADSK. All three carry a Zacks Rank #2 (Buy).

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58.COM INC-ADR WUBA: Get Free Report

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