SITO Mobile, Ltd.SITO was a big mover last session, as its shares rose almost 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 for the company as the stock is now up roughly 40% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. However, the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
SITO Mobile currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
SITO Mobile, Ltd. Price
A better-ranked stock in the Wireless National space is West Corporation WSTC , carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.