EVERTEC, Inc. (EVTC) was a big mover last session with the shares rising nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the past one month's volatile price range of $20.94 to $22.69.
This business software and service provider has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate also remained unchanged over the same period. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
EVERTEC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the same sector include Alliance Fiber Optic Products Inc. (AFOP), Blucora, Inc. (BCOR) and AOL Inc. (AOL). All these stocks sport a Zacks Rank #1 (Strong Buy).
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