Qunar Cayman Islands (QUNR) Soars: Stock Adds 13% in Session – Tale of the Tape

ZacksQunar Cayman Islands Ltd. (QUNR) was a big mover last session, as the company saw its shares rise 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 $24.10 to $32.32 in the past one-month time frame.

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.

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

However, some better-ranked stocks in the Internet services industry include Interxion Holding NV (INXN), Akamai Technologies, Inc. (AKAM) and Conversant, Inc. (CNVR). While Interxion Holding sports a Zacks Rank #1 (Strong Buy), Akamai Technologies and Conversant have a Zacks Rank #2 (Buy).

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