21Vianet Group VNET was a big mover last session, as the company saw its shares rise more than 8% 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 $6.02 to $7.36 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
21Vianet currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
21Vianet Group, Inc. Price
21Vianet Group, Inc. Price | 21Vianet Group, Inc. Quote
A better-ranked stock in the Computer and Technology sector is Limelight Networks, Inc. LLNW, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is VNET going up? Or down? Predict to see what others think: Up or Down.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
Download it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Limelight Networks, Inc. (LLNW) : Free Stock Analysis Report
21Vianet Group, Inc. (VNET) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research