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Demandware (DWRE) Catches Eye: Stock Moves 11.2% Higher

Zacks Equity Research

Demandware, Inc. (DWRE) was a big mover last session, with shares rising over 11% 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 $48.02 to $52.81 since April 23.

This Internet software and services company has seen no estimate revisions in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Demandware currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better-ranked stocks in the broader technology sector include Qihoo 360 Technology Co. Ltd. (QIHU), iGATE Corp. (IGTE) and PDF Solutions Inc. (PDFS). While QIHU sports a Zacks Rank #1 (Strong Buy), IGTE and PDFS carry a Zacks Rank #2 (Buy).

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DEMANDWARE INC (DWRE): Free Stock Analysis Report

QIHOO 360 TECH CO LTD (QIHU): Free Stock Analysis Report

GATE CP (IGTE): Free Stock Analysis Report

PDF SOLUTIONS INC (PDFS): Free Stock Analysis Report

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