China Mobile Games and Entertainment Group (CMGE) Surges: Stock Moves 19.3% Higher - Tale of the Tape


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China Mobile Games and Entertainment Group Ltd. ( CMGE ) was a big mover last session, as the company saw its shares rise by over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained roughly 35% since Jan 24.

This internet software company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

China Mobile Games and Entertainment Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Constant Contact, Inc. ( CTCT ), E2open, Inc. ( EOPN ) and FireEye, Inc. ( FEYE ). All these stocks hold 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: CMGE , CTCT , EOPN , FEYE

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