Healthstream (HSTM) Falls: Stock Goes Down 5.4% – Tale of the Tape

ZacksHealthstream Inc. (HSTM) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $23.38–$26.17 in the past one-month time frame, showed a sharp decline yesterday at $24.75.

Healthstream has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decreases), and 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 of this firm in the near future, and especially on earnings estimates following the recent slump.

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

Investors interested in the Internet Services industry may consider better-ranked stocks Baidu, Inc. (BIDU), Facebook, Inc. (FB) and Internet Initiative Japan Inc. (IIJI). While Baidu holds a Zacks Rank #1 (Strong Buy), both Facebook and Internet Initiative Japan hold a Zacks Rank #2 (Buy).

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