Envestnet (ENV) in Focus: Stock Moves 5.4% Higher – Tale of the Tape

January 7, 2014 Technicals 0

Zacks

Envestnet, Inc. (ENV) 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 of the company as the stock has now gained almost 19% since Dec 17.

This financial transaction services company 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.

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

Some better-ranked stocks in the same industry include Alliance Data Systems Corporation (ADS), Fiserv, Inc. (FISV) and Heartland Payment Systems, Inc. (HPY). All these stocks hold a Zacks Rank #2 (Buy).

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