Changyou.com (CYOU) Falls: Stock Tanks 10.7% – Tale of the Tape

Zacks

Changyou.com Limited (CYOU) saw a big move last session, as the company’s shares fell nearly 11% on the day. The move came on pretty good 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 below the volatile price range of $27.82 to $31.51 in the past one-month time frame.

This developer and operator of online games has seen a flat track record when it comes to current year estimate revisions over the past few weeks, 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 on this firm in the near future, and especially on earnings estimates following the recent slump.

CYOU currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Internet Content industry include Giant Interactive Group, Inc. (GA), YY Inc. (YY) and Global Eagle Entertainment Inc. (ENT). While Giant Interactive and YY carry a Zacks Rank #1 (Strong Buy), Global Eagle holds a Zacks Rank #2 (Buy).

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