500.com Limited (WBAI) was a big mover last session, as the company saw its shares rise roughly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 39.97% in the past one-month time frame.
None of the estimates for this gaming industry stock were revised over the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for 500.com Limited. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
500.com Limited has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Isle of Capri Casinos, Inc. (ISLE), sporting a Zacks Rank #1 (Strong Buy).
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500.COM LTD-A (WBAI): Free Stock Analysis Report
ISLE OF CAPRI (ISLE): Free Stock Analysis Report
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500.com Limited (WBAI) in Focus: Stock Moves 7.5% Higher - Tale of the Tape
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