HomeAway Slumps: AWAY Falls 9.8% in Session – Tale of the Tape

April 28, 2014 Technicals 0

Zacks

HomeAway, Inc. (AWAY) saw a big move last session, as the company’s shares fell by nearly 10% 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 $32.9 to $38.6 in the past one-month time frame.

This leisure and recreational services provider 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.

HomeAway currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same sector include ClubCorp Holdings, Inc. (MYCC), Royal Caribbean Cruises Ltd. (RCL) and Live Nation Entertainment, Inc. (LYV). All these stocks carry a Zacks Rank #2 (Buy).

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