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Active Network (ACTV) in Focus: Stock Soars 25.5%

Zacks Equity Research

The Active Network, Inc. (ACTV) was a big mover last session, as the company saw its shares rise by over 25% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for this computer and technology company as the stock is now up nearly 46% in the past one month time frame.

The company has seen 2 negative estimate revisions in the past few weeks and its earnings consensus has moved lower over the past two months, suggesting there may be trouble down the road for ACTV. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Active Network currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.

Some better performing computer and technology stocks include Qihoo 360 Technology Co. Ltd. (QIHU), Smart Technologies Inc. (SMT) and Bazaarvoice, Inc. (BV). While Qihoo 360 Technology and Smart Technologies carry a Zacks Rank #1 (Strong Buy), Bazaarvoice carries a Zacks Rank #2 (Buy).

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