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Rocket Fuel (FUEL) Looks Good: Stock Adds 6.9% in Session

Zacks Equity Research
Updated

Rocket Fuel Inc. FUEL was a big mover last session, as its shares rose over 7% on the day. The move came on solid volume too with 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 $1.71 to $2.03 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.

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

Rocket Fuel Inc. Price

 

Rocket Fuel Inc. Price | Rocket Fuel Inc. Quote

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A better-ranked stock in the Internet-Software space is NIC Inc. EGOV, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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NIC Inc. (EGOV): Free Stock Analysis Report
 
Rocket Fuel Inc. (FUEL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research