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SITO Mobile (SITO) Catches Eye: Stock Adds 18.7% in Session

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SITO Mobile, Ltd. was a big mover last session, as its shares rose almost 19% 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 roughly 40% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. However, the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

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

A better-ranked stock in the Wireless National space is West Corporation , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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