Amazon.com, Inc. (NASDAQ:AMZN) was a big mover last session, as the company saw its shares rise more than 13% 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 $957.10 to $1,009.13 in the past one-month time frame.
The move came after the company reported better-than-expected third-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revisions of four increase and five decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Amazon.com currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the Internet - Commerce industry may consider PetMed Express, Inc. (NASDAQ:PETS) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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PetMed Express, Inc. (PETS): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
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