Simulations Plus, Inc. (SLP) was a big mover last session, as the company saw its shares rise over 5% 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 $5.83 to $6.15 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Simulations Plus currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other better-tanked software stocks worth considering include Blackbaud Inc. ( BLKB ), Citrix Systems, Inc. ( CTXS ) and Manhattan Associates, Inc. ( MANH ). All these stocks sport a Zacks Rank #1 (Strong Buy).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.