UBIC, Inc. (UBIC) in Focus: Stock Surges 19.7% – Tale of the Tape

April 8, 2014 Technicals 0

Zacks

UBIC, Inc. (UBIC) was a big mover last session as the company saw its shares rise nearly 20% 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 since March 12 as the stock is now trading above the volatile price range of $6.21 to $7.54.

This business service provider has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

UBIC currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Better-ranked stocks in the same industry include SouFun Holdings Ltd. (SFUN), Odyssey Marine Exploration Inc. (OMEX) and Rentrak Corporation (RENT). All these stocks sport a Zacks Rank #1 (Strong Buy).

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