E2open (EOPN) Crumbles: Stock Falls by 5.2% - Tale of the Tape

By
A A A

E2open, Inc. ( EOPN ) saw a big move on Friday, as the company's shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for EOPN, as the stock is now down nearly 3% in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the provider of strategic, cloud-based software solutions has seen 1 negative revision in the past few weeks. Its current year consensus which was a loss has moved wider over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

EOPN currently has a Zacks Rank #4 (Sell).


Some better-ranked stocks in the same sector include Cvent, Inc. ( CVT ), DTS Inc. ( DTSI ) and Rally Software Development Corp. ( RALY ). All these stocks carry a Zacks Rank #1 (Strong 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 >>

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

E2OPEN INC (EOPN): Free Stock Analysis Report

CVENT INC (CVT): Free Stock Analysis Report

DTS INC (DTSI): Free Stock Analysis Report

RALLY SOFTWARE (RALY): 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: EOPN , CVT , DTSI , RALY

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

3 Great Stay-at-Home Jobs
3 Great Stay-at-Home Jobs           

Stocks

Referenced

50%
100%

Most Active by Volume

121,542,429
  • $114.64 ▼ 3.21%
75,240,655
  • $40.31 ▲ 2.02%
71,068,407
  • $3.49 ▲ 4.49%
68,252,066
  • $17.80 ▲ 0.17%
36,462,005
  • $37.10 ▲ 11.92%
33,292,485
  • $21.75 ▲ 9.57%
32,729,543
  • $5.25 ▲ 1.94%
32,548,015
  • $47.54 ▲ 1.56%
As of 8/4/2015, 04:15 PM

Find a Credit Card

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