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Luxoft Holding (LXFT) Jumps: Stock Rises 7.7% - Tale of the Tape

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Luxoft Holding, Inc. ( LXFT ) was a big mover last session, as the company saw its shares rise by almost 8% 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 as the stock is now up over 22% in the past one-month time frame.

This IT services has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Luxoft Holding currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Barracuda Networks, Inc. ( CUDA ), EPAM Systems, Inc. ( EPAM ) and Kofax Ltd. ( KFX ). All these stocks carry a Zacks Rank #2 (Buy).

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BARRACUDA NTWRK (CUDA): Free Stock Analysis Report

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LUXOFT HOLDING (LXFT): Free Stock Analysis Report

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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.


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

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