JFrog (FROG) Soars: Stock Adds 11.7% in Session
JFrog Ltd. FROG was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 21.6% in the past one-month time frame.
The company has seen six positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for JFrog. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
JFrog currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
JFrog Ltd. Price
JFrog Ltd. price | JFrog Ltd. Quote
A better-ranked stock in the Internet - Software industry is NIC Inc. EGOV, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by referendums and legislation, this industry is expected to blast from an already robust $17.7 billion in 2019 to a staggering $73.6 billion by 2027. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot stocks we're targeting >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NIC Inc. (EGOV) : Free Stock Analysis Report
JFrog Ltd. (FROG) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
