Yodlee, Inc. (YDLE) saw a big move in the last trading session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for YDLE, as the stock is now up over 10% in the past one-month time frame.
The company, which operates a technology and applications platform that provides digital financial services in the cloud, has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
YDLE currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Internet Software industry may consider a better-ranked stock like Attunity, Ltd. (ATTU), carrying a Zacks Rank #1 (Strong Buy).
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