Shutterfly, Inc. (SFLY) was a big mover last session, as the company saw its shares nearly 7% 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 $43.85–$49.03 in the past one-month time frame.
The stock witnessed two upward revisions in the past 30 days. The Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Shutterfly. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Shutterfly has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.
Investors interested in the Internet content industry may also consider stocks like Angie's List, Inc. (ANGI), Giant Interactive Group, Inc. (GA) and Global Eagle Entertainment Inc. (ENT). All these stocks carry a Zacks Rank #2 (Buy).
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SHUTTERFLY INC (SFLY): Free Stock Analysis Report
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GLOBAL EAGLE ENTERTAINMENT INC (ENT): Free Stock Analysis Report
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