Perfect World Co., Ltd. ( PWRD ) saw a big move last session, as the company's shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for PWRD as the stock is now up around 18% in the past one-month time frame.
This company in Internet Content space has seen a flat track record when it comes to current year estimate revisions over the past few weeks as there were no revisions on either side. The consensus for earnings hasn't been in trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
PWRD currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better-ranked stocks in the Internet Content industry include WebMD Health Corp.
), China Distance Education Holdings Limited
) and Giant Interactive Group, Inc.
). While WebMD Health holds a Zacks Rank #1 (Strong Buy), China Distance Education and Giant Interactive carries a Zacks Rank #2 (Buy).
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. Click to get this free report >>CHINA DISTANCE (DL): Free Stock Analysis ReportGIANT INTERACTV (GA): Free Stock Analysis ReportPERFECT WORLD (PWRD): Free Stock Analysis ReportWEBMD HEALTH CP (WBMD): Free Stock Analysis ReportTo read this article on Zacks.com click here.