Solera Holdings (SLH) Slumps: SLH Plunges 10.9% in Session
Solera Holdings Inc. (SLH) saw a big move last session, as the company’s shares fell by nearly 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as SLH is now trading below the volatile price range of $62.84 to $67.29 in the past one-month time frame.
The company, an integrated group of leading automotive claims solutions companies, has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate 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.
SLH currently has a Zacks Rank # 3 (Hold).
Some better-ranked stocks in the Computer Software industry include Callidus Software Inc. (CALD), CounterPath Corporation (CPAH) and Cornerstone OnDemand, Inc. (CSOD). All these stocks carry a Zacks Rank #2 (Buy).
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SOLERA HOLDINGS INC (SLH): Free Stock Analysis Report
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COUNTERPATH CORP (CPAH): Free Stock Analysis Report
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