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Strength Seen in MeetMe (MEET): Stock Jumps 6% in Session

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MeetMe, Inc. was a big mover last session, as the company saw its shares rise 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 38.6% in the past one-month time frame.

None of the estimates for this 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.

MeetMe currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is Match Group, Inc. (MTCH - Free Report) , carrying a Zacks Rank #2 (Buy).

Is MEET going up? Or down? Predict to see what others think: Up or Down

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