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Unwired Planet Jumps: Stock Rises 7.2%

Zacks Equity Research

Unwired Planet, Inc. (UPIP) was a big mover last session, as the company saw its shares rise by over 7% 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 $1.36 to $1.44 in the past one-month time frame.

This application software company has seen one positive revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Unwired Planet. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can turn into more strength down the road.

Unwired Planet currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some better-ranked technology stocks include AsiaInfo-Linkage, Inc. (ASIA), AOL Inc. (AOL) and Alps Electric Co. Ltd. (APELY). All these stocks hold a Zacks Rank #1 (Strong Buy).

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UNWIRED PLANET INC (UPIP): Free Stock Analysis Report

ASIAINFO LINKAGE INC (ASIA): Free Stock Analysis Report

AOL INC (AOL): Free Stock Analysis Report

ALPS ELECTRIC LTD AD (APELY): Free Stock Analysis Report

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