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TrueCar (TRUE) Looks Good: Stock Adds 6.3% in Session
TrueCar, Inc. (TRUE - Free Report) was a big mover last session, as its shares rose more than 6% on the day. The move came on solid volume too 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 $8.87 to $9.81 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.
TrueCar currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
TRUECAR INC Price
TRUECAR INC Price | TRUECAR INC Quote
Another favorably-ranked stock in the internet services space is Yirendai Ltd. (YRD - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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