Move Inc. Sets New 1-Year High at $16.89 (MOVE)
Move (NASDAQ:MOVE) set a new 52-week high on Friday, American Banking & Market News reports. The company traded as high as $16.89 and last traded at $16.62, with a volume of 200,492 shares. The stock had previously closed at $16.85.
MOVE has been the subject of a number of recent research reports. Analysts at Benchmark Co. raised their price target on shares of Move (NASDAQ:MOVE) from $14.00 to $17.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Analysts at Stephens initiated coverage on shares of Move (NASDAQ:MOVE) in a research note to investors on Tuesday, July 16th. They set an “overweight” rating on the stock.
Move has a one year low of $6.92 and a one year high of $16.87. The stock has a 50-day moving average of $15.01 and a 200-day moving average of $12.69. The company has a market cap of $667.9 million and a P/E ratio of 175.52.
Move (NASDAQ:MOVE) last released its earnings data on Thursday, August 1st. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.02. The company had revenue of $57.50 million for the quarter, compared to the consensus estimate of $56.17 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 16.6% on a year-over-year basis. Analysts expect that Move will post $0.04 EPS for the current fiscal year.
Move, Inc (NASDAQ:MOVE) operates an online network of Websites for real estate search, finance, moving and home enthusiasts and provides a resource for consumers seeking the online information and connections they need regarding real estate.
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