Demand Media (DMD) Falls: Stock Goes Down 7.9%
Demand Media, Inc. (DMD) saw a big move last session, as the company’s shares fell nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for DMD, as the stock is now down over 10% in the past one-month time frame.
This internet media and domain services company has seen a flat track record when it comes to current year estimate revisions and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
DMD currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include WebMD Health Corp. (WBMD), YY Inc. (YY) and Giant Interactive Group, Inc. (GA). While WebMD and YY sport a Zacks Rank #1 (Strong Buy), Giant Interactive holds a Zacks Rank #2 (Buy).
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DEMAND MEDIA INC (DMD): Free Stock Analysis Report
WEBMD HEALTH CORP (WBMD): Free Stock Analysis Report
YY ADS (YY): Free Stock Analysis Report
GIANT INTERACTIVE GROUP INC (GA): Free Stock Analysis Report
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