Cyan (CYNI) Soars: Stock Adds 19.9% in Session - Tale of the Tape

By
A A A

Cyan, Inc. ( CYNI ) was a big mover last session, as its shares rose nearly 20% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as it is now trading above the volatile price range of $3.24 to $33.81 in the past one-month timeframe.

In the last 30-day frame, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.

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

Other better-ranked stocks in the communication network software industry include Accelrys Inc. ( ACCL ), Active Power Inc. ( ACPW ) and Acxiom Corporation ( ACXM ). All three carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>


ACCELRYS INC (ACCL): Free Stock Analysis Report

ACTIVE POWER (ACPW): Free Stock Analysis Report

ACXIOM CORP (ACXM): Free Stock Analysis Report

CYAN INC (CYNI): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ACCL , ACPW , ACXM , CYNI

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

89,070,840
  • $17.26 ▲ 3.23%
78,931,485
  • $7.02 ▲ 4.46%
77,555,734
  • $6.70 ▲ 6.69%
77,025,346
  • $24.66 ▲ 0.69%
74,713,335
  • $101.80 ▲ 1.82%
72,324,726
  • $7.64 ▲ 0.79%
57,112,188
  • $17.84 ▲ 55.27%
53,321,397
  • $18.01 ▼ 4.46%
As of 12/17/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com