Travelzoo Inc. (TZOO) saw a big move last session, as the company’s shares fell by over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for TZOO, as the stock is now down over 26% since Apr 2.
This global internet media company has seen a flat track record when it comes to current year estimate revisions with no change over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
TZOO currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Internet Services-Delivery industry include Bitauto Holdings Company (BITA), E-Commerce China Dangdang Inc. (DANG) and Vipshop Holdings Limited (VIPS). All these stocks carry a Zacks Rank #1 (Strong Buy).
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