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Bitauto Holdings (BITA) Catches Eye: Stock Jumps 17%
August 08, 2017

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Bitauto Holdings Limited (BITA - Free Report) was a big mover last session, as the company saw its shares rise nearly 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $29.36 to $32.23 in the past one month time frame.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Bitauto Holdings currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the Computer and Technology sector is Badger Meter, Inc. (BMI - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is BITA going up? Or down? Predict to see what others think: Up or Down

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