GrubHub Inc. (GRUB - Free Report) was a big mover last session, as the company saw its shares rise over 9% 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 21.1% in the past one-month time frame.
The move came after the company reported solid second-quarter 2017 results.
The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GrubHubcurrently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%.
A better-ranked stock in the Computer and Technology sector is Progress Software Corporation. (PRGS - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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