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Strength Seen in Autobytel (ABTL): Stock Rises 7.4%

Zacks Equity Research

Autobytel Inc. ( ABTL) was a big mover last session, as the company saw its shares rise by over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up roughly 38% in the past one-month time frame.

This Internet commerce company has seen three positive revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Autobytel. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Autobytel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other stocks in the same sector looking equally good are Geeknet, Inc. ( GKNT), Netflix, Inc. ( NFLX) and Stamps.com Inc. ( STMP). All these stocks carry the same Zacks Rank as Autobytel.

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AUTOBYTEL INC (ABTL): Free Stock Analysis Report

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