Strength Seen in Qunar Cayman Islands (QUNR): Stock Soars 13.5% - Tale of the Tape

Qunar Cayman Islands Ltd. (QUNR) was a big mover last session, as the company saw its shares rise by over 13% 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 $23.70 to $29.13 in the past one-month time frame.

This internet services company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Qunar Cayman Islands currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Akamai Technologies, Inc. (AKAM), Interxion Holding NV (INXN) and Baidu, Inc. (BIDU). While Akamai Technologies and Interxion Holding NV hold a Zacks Rank #1 (Strong Buy), Baidu carries a Zacks Rank #2 (Buy).

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