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Momo Inc. (MOMO) Shows Strength: Stock Moves Up 7.9%
Momo Inc. (MOMO - Free Report) was a big mover last session, as its shares rose almost 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Jul 29, as the stock is now up 27.9%.
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.
Momo currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
MOMO INC -ADR Price
MOMO INC -ADR Price | MOMO INC -ADR Quote
A better-ranked internet software/services stock is NetEase, Inc. (NTES - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
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