Strength Seen in Five9 (FIVN): Stock Jumps 5.3% in Session

Zacks

Five9, Inc. FIVN was a big mover last session, as the company saw its shares rise 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 for the company as the stock is now up 30.5% in the past one-month time frame.

None of the estimates for this Internet software stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Five9 currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is Cvent, Inc. CVT, sporting a Zacks Rank #1 (Strong Buy).

Is FIVN going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

Be the first to comment

Leave a Reply