Youku Tudou (YOKU) Soars: Stock Rises 7.6%
Youku Tudou Inc. (YOKU) was a big mover last session, as its shares rose just nearly 8% on the day. The rise 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 it is now trading above the volatile price range of $27.68 to $31.98 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.
Youku Tudou Inc. (YOKU) currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked Internet content stocks include Global Eagle Entertainment Inc. (ENT), China Distance Education Holdings Ltd. (DL) and Giant Interactive Group, Inc. (GA). All three carry a Zacks Rank #2 (Buy).
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YOUKU TUDOU INC (YOKU): Free Stock Analysis Report
GLOBAL EAGLE ENTERTAINMENT INC (ENT): Free Stock Analysis Report
CHINA DISTANCE EDUCATION HOLDING (DL): Free Stock Analysis Report
GIANT INTERACTIVE GROUP INC (GA): Free Stock Analysis Report
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