Qihoo 360 Technology Co. Ltd. (QIHU) in Focus: Stock Jumps 7.6% – Tale of the Tape

Zacks

Qihoo 360 Technology Co. Ltd. (QIHU) was a big mover last session, as the company saw its shares rise by nearly 8% 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 $65.51 to $74.00 in the past one-month time frame.

None of the estimates for this internet software stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Qihoo 360 Technology currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Criteo SA (CRTO), Demandware, Inc. (DWRE) and Endurance International Group Holdings, Inc. (EIGI). While Criteo SA carries a Zacks Rank #1 (Strong Buy), Demandware and Endurance International Group hold a Zacks Rank #2 (Buy).

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