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Demand Media (DMD) Jumps: Stock Rises 9.3%
December 12, 2013

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Demand Media, Inc. was a big mover last session, as the company saw its shares rise by over 9% 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 for the company, as the stock is now trading above the volatile price range of $4.90 and $5.55 in the past one-month time frame.

This Internet media and domain services company has seen has seen no estimate revision in the last one month and its Zacks Consensus Estimate moved lower over the same time frame. This suggests that 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.

Demand Media currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the Internet content industry may consider stocks like WebMD Health Corp. , XO Group Inc. (XOXO - Free Report) and Tucows Inc. (TCX - Free Report) . While WebMD Health and XO Group hold a Zacks Rank #2 (Buy), Tucows carries a Zacks Rank #1 (Strong Buy).

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