Blue Nile Inc. (NILE) in Focus: Stock Soars 13.8% – Tale of the Tape

Zacks

Blue Nile Inc. (NILE) was a big mover last session, as the company saw its shares rise by nearly 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 volatile price range of $2.28 to $30.60 in the past one-month time frame.

The internet commerce stock has seen one positive revision in the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Blue Nile currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Investors interested in the same industry may consider stocks like Autobytel Inc. (ABTL), IAC/InterActiveCorp (IACI) and Orbitz Worldwide, Inc. (OWW). While Autobytel holds a Zacks Rank #1 (Strong Buy), IAC/InterActiveCorp and Orbitz Worldwide carry a Zacks Rank #2 (Buy).

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