Web.com Group, Inc.WEB was a big mover last session, as its shares rose a little over 6% on the day. The move came after the company reported fourth-quarter net income of $1.9 million and the results also beat Wall Street expectations. This led to 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 $18.80 to $20.20 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Web.com Group currently carries a Zacks Rank #3 (Hold).
Web.com Group, Inc. Price
Web.com Group, Inc. Price | Web.com Group, Inc. Quote
A better-ranked stock in the Internet - Services space is Bridgeline Digital, Inc. BLIN , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Is WEB going up? Or down? Predict to see what others think: Up or Down
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Bridgeline Digital, Inc. (BLIN): Free Stock Analysis Report
Web.com Group, Inc. (WEB): 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.
