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AppFolio, Inc. (APPF) in Focus: Stock Jumps 6.3% in Session

Zacks Equity Research

AppFolio, Inc. APPF was a big mover last session, as the company saw its shares rise over 6% on the day. Shares gained after the company reported a year-over-year surge in second-quarter 2016 revenues. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 23.1% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AppFolio currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

APPFOLIO INC-A Price

APPFOLIO INC-A Price | APPFOLIO INC-A Quote

A better-ranked stock in the same industry is Synchronoss Technologies, Inc. SNCR, sporting a Zacks Rank #1 (Strong Buy).

Is APPF going up? Or down? Predict to see what others think: Up or Down

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