iGATE Corporation (IGTE) Jumps: Stock Adds 6.4% in Session

Zacks

iGATE Corporation (IGTE) was a big mover last session, as the company saw its shares rise by over 6% 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 for the company as the stock is now up 13.06% in the past one-month time frame.

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. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

iGATE Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the information technology services sector include Ebix Inc. (EBIX), Lionbridge Technologies Inc. (LIOX) and CGI Group, Inc. (GIB). While Ebix Inc. and Lionbridge Technologies Inc. sport a Zacks Rank #1 (Strong Buy), CGI Group, Inc. holds a Zacks Rank #2.

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GATE CP (IGTE): Free Stock Analysis Report

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