Imperva Slumps: IMPV Falls 9.8% in Session - Tale of the Tape
Imperva Inc. (IMPV) saw a big move last session, as the company’s shares fell by nearly 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for IMPV, as the stock is now down over 16% since Feb 20.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
IMPV currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Computer & Technology industry may consider better-ranked stock like DST Systems Inc. (DST), which carries a Zacks Rank #1 (Strong Buy).
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