Brightcove (BCOV) in Focus: Stock Moves 5.5% Higher
Brightcove Inc. BCOV was a big mover last session, as the company saw its shares rise roughly 6% on the day. The move came on solid volume 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 $5.27–$6.61 in the past one-month time frame.
In the last 30 days, the company has seen two upward estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for Brightcove. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Brightcove currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Another favorably-placed Internet content stock is Angie's List, Inc. ANGI, which holds a Zacks Rank #2 (Buy).
Is BCOV going up? Or down? Predict to see what others think: Up or Down
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