Marathon Patent Group, Inc. (MARA) Jumps: Stock Rises 8.2% – Tale of the Tape

Zacks

Marathon Patent Group, Inc. (MARA) was a big mover last session, as the company saw its shares rise more than 8% 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 $13.75 to $16.32 over the past one-month time frame.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate, however, moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Marathon Patent carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better ranked stocks in the business services industry include Blackhawk Network Holdings, Inc. (HAWK), Consumer Portfolio Services, Inc. (CPSS) and General Finance Corporation (GFN). While Blackhawk Network Holdings sports a Zacks Rank #1 (Strong Buy), Consumer Portfolio Services and General Finance hold a Zacks Rank #2 (Buy).

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