Elephant Talk Communications Corp. (ETAK) was a big mover last session, as the company saw its shares rise by nearly 16% 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 over 79% in the past one-month time frame.
The company has seen no estimate revision and its Zacks Consensus Estimate remained unchanged over the past 30-day time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Elephant Talk currently has a Zacks Rank #3 (Hold) and its Earnings ESP is 0.00%.
Investors interested in the technology sector may consider stocks like ID Systems Inc. (IDSY), Inteliquent, Inc. (IQNT) and Telenav, Inc. (TNAV). While Telenav carries a Zacks Rank #1 (Strong Buy), ID Systems and Intelliquent carry a Zacks Rank #2 (Buy).
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.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment