Credit: Shutterstock photoAutohome Inc. ( ATHM ) saw a big move last session, as the company's shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for ATHM, as the stock is now down 12% in the past five day's time frame.
The internet services company has seen a flat track record when it comes to current year estimate revisions over the past few weeks but the consensus for earnings has been in a downward trend. 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.
ATHM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Another better-ranked stock in the same sector is Akamai Technologies, Inc. ( AKAM ) with a Zacks Rank #2 (Buy).
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AUTOHOME INC (ATHM): Free Stock Analysis Report
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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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
