TrueCar, Inc. (TRUE) Jumps: Stock Adds 9.9% in Session - Tale of the Tape

TrueCar, Inc. TRUE was a big mover last session, as the company saw its shares rise by nearly 10% 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 about 44% in the past one-month time frame.

The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the internet services industry include Baidu, Inc. BIDU, Inuvo, Inc. INUV and Facebook, Inc. FB. While Baidu and Inuvo sport a Zacks Rank #1 (Strong Buy), Facebook holds 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
 
TRUECAR INC TRUE: Get Free Report
 
BAIDU INC BIDU: Free Stock Analysis Report
 
INUVO INC INUV: Free Stock Analysis Report
 
FACEBOOK INC-A FB: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Trading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!