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Strength Seen in YuMe Inc. (YUME): Stock Goes Up 11.3%

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YuMe, Inc. was a big mover last session, as the company saw its shares rise over 11% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $1.25 to $3.72 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the same industry is Marin Software Incorporated (MRIN - Free Report) , with a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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