ServiceSource International, Inc. ( SREV ) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid 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 above the volatile price range of $3.30 to $3.68 since Aug 1.
This business software services provider has seen one negative estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's rally can last.
ServiceSource International currently has a Zacks Rank #4 (Sell) while its Earnings ESP
Better-ranked stocks in the software industry are Aspen Technology, Inc. ( AZPN
), ACI Worldwide, Inc. ( ACIW
) and Callidus Software Inc. ( CALD
). While Aspen Technology sports a Zacks Rank #1 (Strong Buy), ACI Worldwide and Callidus Software carry 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 reportSERVICESOURCE (SREV): Free Stock Analysis ReportASPEN TECH INC (AZPN): Free Stock Analysis ReportACI WORLDWIDE (ACIW): Free Stock Analysis ReportCALLIDUS SOFTWR (CALD): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research