Unwired Planet (UPIP) Looks Good: Stock Moves 8% Higher

Zacks

Unwired Planet, Inc. UPIP was a big mover last session, as the company saw its shares rise almost 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 16.5% since Sep 21, 2015.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has 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.

Unwired Planet currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another well ranked stock in the same space is NeuStar, Inc. NSR, sporting a Zacks Rank #1 (Strong Buy).

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

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