Strength Seen in Synacor (SYNC): Stock Soars 22.6% – Tale of the Tape

Zacks

Synacor, Inc. (SYNC) was a big mover last session, with shares surging roughly 23% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained over 24% in the past one-month time frame.

This Internet and cloud-based service provider has not seen any estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Friday’s rally is encouraging though, so make sure to keep a close watch on this stock in the near future.

Synacor currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another stock that warrants a look in the same sector is Internap Corp. (INAP), carrying the same Zacks Rank as Synacor.

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