Criteo SA (CRTO) was a big mover last session, as the company saw its shares rise over 6% 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 $29.58 to $31.19 since Jul 23.
The company has seen no estimate revision over the past 30 days and 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.
Criteo currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the Internet software/services industry include Qihoo 360 Technology Co. Ltd. (QIHU), NetEase, Inc. (NTES) and RingCentral, Inc. (RNG). While Qihoo 360 Technology sports a Zacks Rank #1 (Strong Buy), NetEase and RingCentral have a Zacks Rank #2 (Buy).
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