Vringo, Inc. ( VRNG ) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company/this reverses the recent trend for the company-as the stock is now up more than 31% in the past one-month time frame.
The company has seen no estimate revision over the past 30 days and while the Zacks Consensus Estimate remained unchanged. Friday's action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Vringo currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked Internet Software stocks include Sonic Foundry, Inc. ( SOFO ), Constant Contact, Inc. ( CTCT ) and OpenTable, Inc. ( OPEN ). While Sonic Foundry carries a Zacks Rank #1 (Strong Buy), Constant Contact and OpenTable have 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 >>
CONSTANT CONTAC (CTCT): Free Stock Analysis Report
OPENTABLE INC (OPEN): Free Stock Analysis Report
SONIC FOUNDRY (SOFO): Free Stock Analysis Report
VRINGO INC (VRNG): Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research