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iGATE Corporation (IGTE) Surges: Stock Moves 16.4% Higher

Zacks Equity Research

iGATE Corporation (IGTE) was a big mover last session, as the company saw its shares rise by over 16% 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 of the company as the stock has now gained roughly 33% since March 26.

This information technology services company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

iGATE Corporation currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Ciber, Inc. (CBR), Computer Sciences Corporation (CSC) and Ebix Inc. (EBIX). All these stocks carry a Zacks Rank #2 (Buy).

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GATE CP (IGTE): Free Stock Analysis Report

CIBER INC (CBR): Free Stock Analysis Report

COMPUTER SCIENCES CORP (CSC): Free Stock Analysis Report

EBIX INC (EBIX): Free Stock Analysis Report

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