Yahoo Finance Bitauto Holdings (BITA) Jumps: Stock Rises 8.3%
Bitauto Holdings Limited BITA was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $16.06 –$19.98 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no changes when it comes to estimate revision over the past few weeks, while 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.
Bitauto Holdings currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Bitauto Holdings Limited Price
Bitauto Holdings Limited Price | Bitauto Holdings Limited Quote
Another stock worth considering in the Internet - Delivery Services industry is QuinStreet, Inc. QNST which carries a Zacks Rank #2. 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
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bitauto Holdings Limited (BITA) : Free Stock Analysis Report
QuinStreet, Inc. (QNST) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
