This slump shouldn’t be too much of a surprise to investors, as the internet services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
DANG currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.0%.
A better-ranked stock in the internet services delivery sector is Vipshop Holdings Limited (VIPS), which currently carries a Zacks Rank #2 (Buy).
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