eBay Inc. (EBAY) was a big mover last session, as the company saw its shares rise 7% on the day. The rise can be attributed to the company’s strong fourth-quarter 2014 earnings. This led to far more shares changing hands than in a normal session. This stock trading in the volatile price range of $53.02 to $57.22 in the past one-month time frame, showed a pick up yesterday at $57.15.
The company has seen 2 downward revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same period, 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.
eBay has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
An attractive stock in the same industry worth considering includes IAC/InterActiveCorp (IACI), carrying a Zacks Rank #1 (Strong Buy).
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