NeuStar, Inc. ( NSR ) saw a big move last session, as the company's shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $25.88 to $29.10 in the past one-month time frame.
The technology and directory services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
NSR currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better-ranked stocks in the same sector include Evolving Systems Inc.
), Mavenir Systems, Inc.
) and Unwired Planet, Inc.
). All these stocks hold a Zacks Rank #2 (Buy).
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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 reportNEUSTAR INC -A (NSR): Free Stock Analysis ReportMAVENIR SYSTEMS (MVNR): Free Stock Analysis ReportEVOLVING SYSTEM (EVOL): Free Stock Analysis ReportUNWIRED PLANET (UPIP): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research