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Tale of the Tape

Groupon, Inc. (GRPN - Analyst Report) saw a big move last session, as the company’s shares fell more than 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for GRPN, as the stock is now down 10.0% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. 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.

GRPN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the technology sector include Autobytel Inc. (ABTL - Snapshot Report), Liberty Ventures (LVNTA) and Netflix, Inc. (NFLX - Analyst Report).While Autobytel and Liberty Ventures  carry a Zacks Rank #1 (Strong Buy), Netflix holds a Zacks Rank #2 ( Buy).

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