Concur Technologies (CNQR) Soars: Stock Up 17.6% – Tale of the Tape

Zacks

Concur Technologies, Inc. (CNQR) was a big mover last session, as the company saw its shares rise nearly 18% 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 nearly 28% since Aug 28, 2014.

The company has seen no estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Concur currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some other better-ranked stocks in the computer software sector include Aspen Technology, Inc. (AZPN), Park City Group Inc. (PCYG) and Callidus Software Inc. (CALD). While Aspen Technology and Part City sport a Zacks Rank #1 (Strong Buy), Callidus Software has a Zacks Rank #2 (Buy).

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