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CommerceHub (CHUBA) Worth a Look: Stock Adds 7.6% in Session

Zacks

CommerceHub, Inc. CHUBA was a big mover last session, as the company saw its shares rise over 7% on the day. The move also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 13.4% in the past one-month time frame.

None of the estimates for the stock have been revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Currently, CommerceHub carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is SYNNEX Corporation SNX, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.


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