SolarWinds, Inc. (SWI) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too 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 $38.75 to $41.65 in the past one-month time frame.
While the company has seen no revision in the past 30 days, its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.
SolarWinds currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the computer software industry include Cadence Design Systems Inc. (CDNS), Open Text Corp. (OTEX) and Verint Systems Inc. (VRNT). All these sport a Zacks Rank #1 (Strong Buy).
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SOLARWINDS INC (SWI): Free Stock Analysis Report
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