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WidePoint (WYY) in Focus: Stock Jumps 6.3%

Zacks Equity Research

WidePoint Corp. (AMEX:WYY) was a big mover last session, as the company saw its shares rise more than 6% 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-$1.65 since Dec 30.

The company has witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher lasts.

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

However, some better-ranked stocks in the computer services industry include The KEYW Holding Corporation (NASD:KEYW), CGI Group, Inc. (NYSE:GIB) and Virtusa Corp. (NASD:VRTU). While KEYW Holding sports a Zacks Rank #1 (Strong Buy), CGI Group and Virtusa Corp. hold a Zacks Rank #2 (Buy).

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WIDEPOINT CORP (WYY): Free Stock Analysis Report

THE KEYW HOLDING CORP (KEYW): Free Stock Analysis Report

GROUPE CGI INC (GIB): Free Stock Analysis Report

VIRTUSA CORP (VRTU): Free Stock Analysis Report

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