Box, Inc. (BOX) Looks Good: Stock Adds 9.5% in Session
Box, Inc. BOX was a big mover last session, as the company saw its shares soars nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $17.06 to $18.89 in the past one-month time frame.
The upside came after the company reported solid first-quarter fiscal 2018 revenues that outpaced the Zacks Consensus Estimate and also surged 30% from the prior-year quarter.
The company has not seen any estimate revisions over the past one month, and the Zacks Consensus Estimate 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
A better-ranked stock in the Internet - Software industry is AppFolio, Inc. APPF, which currently sports 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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