Rocket Fuel Inc. (FUEL) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on the company’s announcement of solid results for second-quarter 2015 on Aug 5, 2015. This led to strong volume 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 $7.07 to $7.70 in the last one month.
The company has seen no estimate revisions in the past 30 days, and the Zacks Consensus Estimate is 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.
Rocket Fuel currently has a Zacks Rank #3 (Hold).
A better-ranked Internet software stock is Attunity, Ltd. (ATTU), sporting a Zacks Rank #1 (Strong Buy).
Is FUEL going up? Or down? Predict to see what others think: Up or Down
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