Luxoft Holding (LXFT) Jumps: Stock Up 6.8% - Tale of the Tape

By
A A A

Luxoft Holding, Inc. ( LXFT ) was a big mover last session, as its shares rose nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the trend for the company, as the stock is now down over 18% in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Other better-ranked IT service stocks include Barracuda Networks, Inc. ( CUDA ), EPAM Systems, Inc. ( EPAM ) and Kofax Limited ( KFX ). 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 >>

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

BARRACUDA NTWRK (CUDA): Free Stock Analysis Report

EPAM SYSTEMS (EPAM): Free Stock Analysis Report

KOFAX LTD (KFX): Get Free Report

LUXOFT HOLDING (LXFT): 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: CUDA , EPAM , KFX , LXFT

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

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