Yahoo Finance GrubHub (GRUB) Looks Good: Stock Adds 11.2% in Session
GrubHub Inc. GRUB was a big mover last session, as the company saw its shares rise more than 11% 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 $50.74 to $54.23 in the past one month time frame.
The move came after the company reported solid third-quarter 2017 results.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GrubHub currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
GrubHub Inc. Price
GrubHub Inc. Price | GrubHub Inc. Quote
A better-ranked stock in the Internet - Delivery Services industry is Bitauto Holdings Limited BITA, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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