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Performant Financial (PFMT) Jumps: Stock Moves 5.4% Higher

Zacks Equity Research

Performant Financial Corporation PFMT was a big mover last session, as its shares rose over 5% 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 $1.53 to $2.78 in the past one-month time frame.

Over the last 30 days, the company witnessed one positive estimate revision. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Performant Financial currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Performant Financial Corporation Price

 

Performant Financial Corporation Price | Performant Financial Corporation Quote

Another favorably placed stock in the Business - Services space is Everi Holdings Inc. EVRI, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PFMT going up? Or down? Predict to see what others think: Up or Down

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Everi Holdings Inc. (EVRI): Free Stock Analysis Report
 
Performant Financial Corporation (PFMT): Free Stock Analysis Report
 
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