Ellie Mae (ELLI) in Focus: Stock Moves 5.3% Higher
Ellie Mae, Inc. (ELLI) was a big mover last session, as the company saw its shares rise more than 5% 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 of the company, as the stock is now up 16.29% over the past one-month time frame.
None of the estimates for this Internet software/services stock were revised over the past 30 days. The Zacks Consensus Estimate 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.
Ellie Mae has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the same sector include NetEase, Inc. (NTES), NetDimensions (Holdings) Ltd (NETDY) and RingCentral, Inc. (RNG). While NetEase sports a Zacks Rank #1 (Strong Buy), NetDimensions and RingCentral hold a Zacks Rank #2 (Buy).
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ELLIE MAE INC (ELLI): Free Stock Analysis Report
NETEASE ADS (NTES): Free Stock Analysis Report
NETDIMENSIONS (NETDY): Free Stock Analysis Report
RINGCENTRAL INC (RNG): Free Stock Analysis Report
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