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Nautilus (NLS) Looks Good: Stock Adds 7.5% in Session

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Nautilus Inc. was a big mover last session, as the company saw its shares rise over 7% on the day. Federal Reserve chief Janet Yellen said on Friday that the case for an interest rate hike has strengthened, while Fed Vice Chairman Stanley Fischer said a September increase is possible. This resulted in solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $18.44 to $21.66 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of three increases and one decrease over the past one month, while the Zacks Consensus Estimate has moved higher over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nautilus currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Insight Enterprises Inc. (NSIT - Free Report) carrying a Zacks Rank #2 (Buy).

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

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