Autobytel Inc. (ABTL) Worth Watching: Stock Surges 20.8% - Tale of the Tape


Autobytel Inc. ( ABTL ) was a big mover last session, as the company saw its shares rise by almost 21% 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 $11.42 to $15.37 in the past one-month time frame.

This internet commerce company has seen one positive revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Autobytel. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Autobytel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other stocks in the same sector looking good are Inc. ( AMZN ), Netflix, Inc. ( NFLX ), and Geeknet, Inc. ( GKNT ). While and Netflix hold a Zacks Rank #1 (Strong Buy), Geeknet carries a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ABTL , AMZN , GKNT , NFLX

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