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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GEEKNET INC (GKNT): Free Stock Analysis Report
MERCADOLIBRE IN (MELI): 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.
