Endurance International Group (EIGI) in Focus: Stock Soars 16.7%

Endurance International Group Holdings, Inc. (EIGI) was a big mover last session, as the company saw its shares rise by nearly 17% 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 of the company, as the stock is now trading above the volatile price range of $14.24 to $17.04 in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this application software stock. 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.

Endurance International currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Other well-placed stocks in the same industry include Criteo SA (CRTO), xG Technology, Inc. (XGTI) and Demandware, Inc. (DWRE). While Criteo SA and xG Technology hold a Zacks Rank #1 (Strong Buy), Demandware carries a Zacks Rank #2 (Buy).

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ENDURANCE INTERNATIONAL GROUP HO (EIGI): Free Stock Analysis Report

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