Five9, Inc.FIVN was a big mover last session, as the company saw its shares rise more than 7% on the day. Shares moved up after the company reported better-than-expected fourth quarter 20Array5 results. This led to 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 $6.20 to $7.60 since Feb 5.
None of the estimates for this Internet software stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Five9 has a Zacks Rank #3 (Hold).
However, a better-ranked stock in the same space is Amber Road, Inc. AMBR , sporting a Zacks Rank #Array (Strong Buy).