Vringo (VRNG) in Focus: Stock Moves 5.1% Higher - Tale of the Tape

By Zacks Equity Research,

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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).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CTCT , OPEN , SOFO , VRNG

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