Jiayuan.com International Ltd. (DATE) Surges: Stock Rises 14.3% – Tale of the Tape

ZacksJiayuan.com International Ltd. (DATE) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the narrow volatile price range of $5.59 to $6.03 in the past one-month time frame.

The company has seen no estimate revisions over the past 7 days, and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Jiayuan.com International currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked Internet information providers include YY Inc. (YY), Yelp, Inc. (YELP) and Global Eagle Entertainment Inc. (ENT). While YY Inc. and Yelp, Inc. sport a Zacks Rank #1 (Strong Buy), Global Eagle Entertainment holds a Zacks Rank #2 (Buy).

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