Roper Industries (ROP) Jumps: Stock Rises 6.5% – Tale of the Tape

ZacksRoper Industries Inc. (ROP) was a big mover last session, as the company saw its shares rise over 6% 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 volatile price range of $129.30 to $136.87 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Roper Industries currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other stocks that warrant a look in the computer and technology sector include Advanced Energy Industries, Inc. (AEIS), Alliance Fiber Optic Products Inc. (AFOP) and Bitauto Holdings Limited (BITA). All of these sport a Zacks Rank #1 (Strong 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

Leave a Reply