Geeknet, Inc. ( GKNT ) was a big mover last session, as the company saw its shares rise nearly 9% 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 $9.02 to $9.79 since Sep 11.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. Friday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Geeknet currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the computer technology sector include Mercadolibre, Inc. ( MELI ), World Energy Solutions, Inc. ( XWES ) and Stratasys Ltd. ( SSYS ). All of these have a Zacks Rank #1 (Strong Buy).
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