Cnova N.V. was a big mover last session, as its shares rose over 9% on the day. The move came after the company provided details on plans announced in May to exit the Brazilian market and be taken private by its parent company. This led to 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 $4.76 to $5.05 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.

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

CNOVA NV Price

CNOVA NV Price | CNOVA NV Quote

A better-ranked stock in the internet commerce space is Autobytel Inc. , which sports a Zacks Rank #1 (Strong Buy).

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