Box, Inc. BOX was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 21.8% in the past one-month time frame.
The upmove came after a Goldman Sachs analyst initiated coverage for the stock with a buy rating.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Box currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Box, Inc. Price
Box, Inc. Price | Box, Inc. Quote
Investors interested in the Internet – Software industry may consider Benefitfocus, Inc. BNFT, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is BOX going up? Or down? Predict to see what others think:Up or Down
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