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Changyou (CYOU) Surges: Stock Moves 8.2% Higher

Changyou.com Limited CYOU was a big mover last session, as the company saw its shares rise more than 8% 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 $9.75 to $10.46 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Changyou currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Changyou.com Limited Price

Changyou.com Limited Price
Changyou.com Limited Price

Changyou.com Limited price | Changyou.com Limited Quote

Investors interested in the Internet - Content industry may consider a better-ranked stock like Perion Network Ltd PERI, which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
 
Is CYOU going up? Or down? Predict to see what others think:Up or Down

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Perion Network Ltd (PERI) : Free Stock Analysis Report
 
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To read this article on Zacks.com click here.
 
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